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The Biz


The transformation of the leading UK sailing yacht brand, Oyster Yachts, under Richard Hadid’s ownership has continued with the signing of a new agreement with Saxon Wharf landlord MDL for the next 10 years.

The Saxon Wharf site at Southampton is key to the future of the Oyster Yacht brand following its entry into administration in 2018 and purchase by Hadid, a gaming entrepreneur and Oyster yacht owner. Over the past year, and with a new management team, Oyster has been reshaping the business to take it forward and keep it as a globally-respected sail cruising yacht builder. Read on.