Shipping and logistics company Peters & May has announced a joint venture with BATI Yacht Transport, a subsidiary of the BATI Group.
The investment will integrate BATI Yacht Transport into the Peters & May Group, expanding Peters & May’s yacht transportation offerings.
Alongside the joint venture, BATI Yacht Transport has been appointed as Peters & May’s exclusive agent in Turkey.
BATI Yacht Transport has previously been Peters & May’s partner in the Eastern Mediterranean and the joint venture between the two companies formalises and strengthens their relationship.
“Having worked with the BATI Yacht Transport team on numerous projects, integrating them into our family is a natural progression that benefits everyone,” said Stefano Grotti, regional manager for Europe at Peters & May.
“They are an exceptional team, and there is no doubt they will continue to provide the outstanding service they are known for.”
Kaan Aydin, general manager at BATI Group, added: “This partnership is a significant milestone for BATI Yacht Transport, enabling us to enhance our service offerings and deliver even greater value to our clients.
“Our combined expertise and resources will undoubtedly strengthen our presence in the Eastern Mediterranean and beyond.
“Together, we will continue to provide bespoke, door-to-door yacht shipping solutions that exceed our customers’ expectations.”
Peters & May was founded in 1973 and has grown over the last five decades into a global company offering yacht transportation and logistics.
The company is headquartered in Southampton, UK, and has ten offices across Europe, Asia, and the United States.
The BATI Group was established in 1992 and is headquartered in Istanbul, Turkey, providing services across various sectors, from sea and air freight to isotanks and perishable goods.