Mustang offers to buy Riviera

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Australian boatbuilder Mustang Marine has offered to buy fellow Aussie manufacturer Riviera, which is in voluntary receivership, according to a report in Gold Coast Publications.

The receivers and managers are looking to preserve the long-term viability of the company, restructure the business and sell it as a going concern, Riviera said in a recent statement.

Riviera, Australia’s largest luxury-boat builder, manufactures open and closed flybridge yachts, offshore express models and sportyachts from 33 to 70 feet.

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Comments

2 comments on “Mustang offers to buy Riviera

  1. boatdlr

    Mustang, that hilarious you can’t give those boats away. The ceo is in jail. They were just in recievership two months ago. Sorry Riviera you are going down

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