Sunseeker announces new owners, CEO and chairman

Sunseeker has confirmed a significant change in ownership as the British yacht builder prepares for its next phase of development. A consortium led by investment company KCP Holdings (KCP), in partnership with Lionheart Capital, is set to become the company’s new owner following regulatory approvals expected in the coming weeks.

The transaction involves a debt purchase from existing lenders by the consortium, which is expected to complete this week. KCP will also enter into an agreement to acquire 100 per cent of Sunseeker’s shares. During the regulatory approval process the business will continue operating as normal.

The development marks an important milestone for the company, providing financial stability and long-term backing as it pursues its growth ambitions. The new ownership group has confirmed support for Sunseeker’s existing business strategy, which includes investment in next-generation yacht development, the return of a superyacht offering and continued transformation of its operating model.

Alongside the ownership transition, Sunseeker has confirmed key leadership appointments. Scott Millar will step down as Interim CEO, with Andres Rubio becoming permanent Chief Executive Officer.

Rubio brings more than 30 years of experience in commercial leadership and business transformation across international markets. Most recently he served as Chief Executive of Intrum AB, a publicly listed pan-European credit management company, and previously worked as a Senior Partner at Apollo Management International.

Antony Sheriff will assume the role of Non-Executive Chairman. A Sunseeker board member since November 2024, Sheriff previously served as Executive Chairman of Princess Yachts and earlier as Chief Executive Officer of McLaren Automotive.