News

Press release · For immediate release · 17 June 2026

Kotka Yacht Store continues operations under new Finnish ownership

Kotka Yacht Store moves into Finnish ownership – SuperShipyard Oy has acquired the company's entire share capital

The Finnish Tax Administration's bankruptcy petition was withdrawn in June 2026 after the company paid its tax debts in full, and Kotka Yacht Store continues to operate as normal. In a separate transaction on 15 June 2026, SuperShipyard Oy then acquired the company's entire share capital and business, bringing it fully into Finnish ownership.

Helsinki/Kotka, 17 June 2026 – In a transaction completed on 15 June 2026, SuperShipyard Oy has acquired the entire share capital and business of Oy Kotka Yacht Store Ltd. With the transaction, the company's ownership becomes entirely domestic.

The acquisition secures the stable continuity of Kotka Yacht Store's boat winter-storage, maintenance, and refit operations, and develops the company's service offering over the long term. The move to Finnish ownership brings the company the predictability and reliability that its customers and stakeholders have been seeking. The change of ownership has no impact on the company's customer relationships or day-to-day operations; work at the yard and in the harbour continues as normal.

We are excited to take the lead of Kotka Yacht Store's storied business and its great potential. Our first priority is to ensure the continuity of operations and to serve our customers in the best possible way. In the long term, our goal is to develop the services even further.

Stefano La MelaManaging Director, Kotka Yacht Store

The parties have agreed not to disclose the purchase price or other details of the transaction.

Frequently asked questions

Is Kotka Yacht Store going out of business?
No. The bankruptcy petition filed by the Finnish Tax Administration was withdrawn in June 2026 after the company paid its tax debts in full. Kotka Yacht Store then moved into full Finnish ownership on 15 June 2026 when SuperShipyard Oy acquired its entire share capital, and all services continue uninterrupted.
Do winter storage and maintenance services continue?
Yes. The change of ownership has no impact on customer relationships or day-to-day operations; work at the yard and in the harbour continues as normal.
Who owns Kotka Yacht Store now?
The company is entirely Finnish-owned. SuperShipyard Oy acquired the full share capital and business on 15 June 2026.
Do contracts or contact details change?
No. Customer relationships, contracts, and contact details remain unchanged.

Further information

Stefano La Mela

Managing Director

Oy Kotka Yacht Store Ltd / SuperShipyard Oy