What Does Grand Banks Yachts Do?

Total employees148
HeadquartersSingapore
Founded1957

Grand Banks Yachts, founded in 1956, is a distinguished builder of luxury motor yachts, celebrated for its timeless designs, exceptional craftsmanship, and robust performance. With a rich heritage rooted in traditional boatbuilding and a forward-looking approach embracing modern technology, Grand Banks offers a range of semi-custom yachts that appeal to discerning mariners worldwide. The company is known for its iconic trawler-style yachts and has expanded its portfolio to include sophisticated, high-performance models under the Grand Banks, Palm Beach Motor Yachts, and Eastbay brands, emphasizing quality, comfort, and seaworthiness.

Where Is Grand Banks Yachts's Headquarters?

HQ Function

Serves as the central hub for corporate governance, strategic planning, financial management, global sales and marketing oversight, and investor relations for the publicly listed company.

Notable Features:

Located in UOB Plaza 1, one of Singapore's most iconic skyscrapers, offering modern office facilities and panoramic city views.

Work Culture:

Professional, globally-minded, and focused on maintaining the brand's luxury status and operational excellence. Emphasis on collaboration between international teams.

HQ Significance:

The Singapore HQ is crucial for managing the company's global operations, brand strategy, and its status as a publicly traded entity on the Singapore Exchange (SGX).

Values Reflected in HQ: Precision, global reach, financial stewardship, and a commitment to excellence, mirrored by its prestigious location and operational focus.

Location:

Grand Banks Yachts supports a global clientele through its corporate headquarters in Singapore, its primary manufacturing facility in Malaysia, and dedicated sales and service offices in key yachting markets including North America (Stuart, Florida) and Europe. The company maintains an extensive international dealer network to ensure comprehensive support for sales, commissioning, and after-sales service worldwide, reflecting its commitment to customers across major boating regions.

Street Address:

80 Raffles Place, #25-01 UOB Plaza 1

City:

Singapore

State/Province:

Singapore

Country:

Singapore

Where Else Does Grand Banks Yachts Operate Around the World?

Pasir Gudang, Johor, Malaysia

Address: PLO 484, Jalan Keluli 7, Kawasan Perindustrian Pasir Gudang, 81700 Pasir Gudang, Johor, Malaysia

Serves as the production and innovation hub for all yacht brands, leveraging skilled local craftsmanship and advanced manufacturing processes for global distribution.

Stuart, Florida, USA

Address: 236 SW Monterey Rd, Stuart, FL 34994, USA

Manages dealer network, customer relations, and service support throughout North, Central, and South America.

Portopiccolo, Trieste, Italy

Address: Grand Banks Yachts Europe, Portopiccolo, Strada Costiera KM 137+125, 34011 Sistiana (TS), Italy

Facilitates new yacht sales, brokerage, and after-sales service for European clients, ensuring brand standards are met in the region.

Buying Intent Signals for Grand Banks Yachts

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Grand Banks Yachts? Meet the Executive Team

As of April 2025, Grand Banks Yachts' leadership includes:

Mark Richards - Chief Executive Officer
Peter Poli - Group Chief Financial Officer

Who's Investing in Grand Banks Yachts?

Grand Banks Yachts has been backed by several prominent investors over the years, including:

Publicly Traded on the Singapore Exchange (SGX: G50)
Mark Steven Richards (Significant Shareholder and CEO)
Various institutional and retail shareholders via SGX

What Leadership Changes Has Grand Banks Yachts Seen Recently?

Hire0
Exits0

Grand Banks Yachts has maintained a stable core executive leadership team over the last 12 months, with no major C-suite hires or departures publicly announced. The focus appears to be on continued operational execution and brand development under the existing leadership.

Departures

N/A, No major C-suite executive departures publicly reported in the last 12 months.

New Appointments:

N/A, No major C-suite executive new appointments publicly reported in the last 12 months.

What Technology (Tech Stack) Is Used byGrand Banks Yachts?

Discover the tools Grand Banks Yachts uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Grand Banks Yachts Email Formats and Examples

Grand Banks Yachts likely utilizes common corporate email formats for its employees. While specific internal patterns can vary, formats such as [first_initial][last_name] or [first_name].[last_name] followed by @grandbanks.com are frequently used by companies of similar scale and global presence.

[first_initial][last_name]@grandbanks.com or [first_name].[last_name]@grandbanks.com

Format

mrichards@grandbanks.com or mark.richards@grandbanks.com

Example

80%

Success rate

What's the Latest News About Grand Banks Yachts?

The Edge SingaporeOctober 16, 2023

Grand Banks Yachts Navigates Towards Stronger Financial Waters with Positive Outlook

Grand Banks Yachts reported improved financial performance for FY2023, with increased revenue and a return to profitability, driven by strong demand for its luxury yachts and effective cost management. Analysts express a positive outlook for the company's continued growth....more

Grand Banks Yachts / Palm Beach Motor Yachts NewsSeptember 5, 2023

Palm Beach GT60 Makes European Debut at Cannes Yachting Festival 2023

The Palm Beach GT60, a high-performance motor yacht from the Grand Banks family, made its European premiere at the prestigious Cannes Yachting Festival, showcasing the brand's commitment to innovation and contemporary design in the luxury yachting sector....more

Power & MotoryachtJuly 25, 2023

Grand Banks Expands Offering with New GB85 Semi-Enclosed Skylounge Model

Grand Banks introduced a new variation of its flagship GB85 model, featuring a semi-enclosed skylounge, catering to owners seeking enhanced comfort and all-weather cruising capabilities. This addition highlights the company's focus on evolving its classic designs with modern amenities....more

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