The Schulte Group announces the acquisition of a majority stake in YPI Crew
Updated: Nov 1, 2019
by Randi Barry
The Schulte Group announces the acquisition through its Singaporean affiliate Schulte Maritime Services PTE Ltd of a majority stake in YPI CREW, the Antibes-based, world leading yacht crew recruitment agency.
YPI CREW is excited to announce that it will be operating with Bernhard Schulte Cruise Services (BSCS) – a division of the Schulte Group. BSCS deals with the technical side of management and crewing services for the cruise industry.
Since January 2018 BSCS has been its own entity and is already managing three cruise ships with more on the way. As a complement to their services, YPI CREW will lend their expertise with Managing Director and Co-founder Laurence Lewis remaining at the helm.
Laurence Lewis of YPI CREW
“I am very happy to join the Schulte Group and in particular, to be working with the management of Bernhard Schulte Cruise Services. Our clients will benefit from the complementary skills and technologies of two leaders in their market segments. We will thus improve our strategy of securing and developing international exchanges. The integration of our talents and our expertise will therefore take place very quickly. We have identified many valuable synergies.”
Bernhard Schulte Cruise Services Buys Marjoirty Stake in YPI CREW from BRS Group
BRS Group is a world leading shipbroking company with offices worldwide. Their yachting-focused division BRS Yachting is selling its entire stake in YPI CREW to BSCS.
“We are delighted to welcome Laurence and her team at YPI CREW to the Schulte Group, in particular to Bernhard Schulte Cruise Services. We see great synergies that can be developed as our cruise division, under the leadership of cruise veteran Les Royle, increases its position in cruise management and the luxury expedition cruise sector in particular. This acquisition is part of our strategy of external growth and we are excited about the opportunities that lie ahead, now that we have one of the foremost names in the luxury yacht recruitment sector as part of the Schulte family.”
Martin Springer, Deputy Managing Director, Bernhard Schulte Cruise Services.
“We are very happy to have carried out this transaction with the Schulte Group and we are confident that YPI CREW will grow and reach new heights under its patronage along with the expertise of Laurence Lewis.”
Francois Cadiou, CEO, BRS Group.