Hunton Yachts Ltd and Rib-X Ltd announce joint venture

Hunton Yachts Ltd and Rib-X Ltd have announced a joint venture to produce the Hunton range of RIBs.

The joint venture constitutes a profit share agreement, combining the manufacturing skills of Rib-X with the design and technology of Hunton. Under the three-year agreement, Rib-X will manufacture the Hunton RIBs and both companies will jointly market and sell the product.

Hunton currently has two models in its tender range,the 1005 10m and the 830 8m RIB.

Both companies see this joint venture as the perfect collaboration to further developing the Hunton brand in the international arena, appealing as both superyacht tenders and luxury day boats.