{"id":88138,"date":"2026-04-27T00:00:00","date_gmt":"2026-04-27T04:00:00","guid":{"rendered":"https:\/\/megayachtnews.com\/?p=88138"},"modified":"2026-04-26T13:53:51","modified_gmt":"2026-04-26T17:53:51","slug":"x-shore-back-in-business","status":"publish","type":"post","link":"https:\/\/megayachtnews.com\/2026\/04\/x-shore-back-in-business\/","title":{"rendered":"X Shore Is Back in Business"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Three months after <a href=\"https:\/\/megayachtnews.com\/2026\/01\/x-shore-bankruptcy-liquidation\/\" target=\"_blank\" rel=\"noreferrer noopener\">bankruptcy liquidation ended its electric boat and tender production<\/a>, X Shore is back in business. New ownership is pledging to keep the Sweden-based builder stronger financially.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Last week on its website and social media channels, the company indicated that boatbuilding operations had returned in Nyk\u00f6ping. Simultaneously, the company began outreach to global dealers and customers. In a statement, Ren\u00e9 Hanson, the former CEO who remains in place, says long-term growth is the objective. \u201cThis period has been about stabilizing the business,\u201d he says. \u201cNow the focus is on execution.\u201d Additionally, Hanson says, \u201cWe are building on what has already been proven, and addressing what needed to be fixed.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Solid financial footing was one of the biggest issues. Xshore Production, the parent company for the boatbuilder, filed for insolvency in October 2025. Unpaid rent on the manufacturing site totaled 17 million Swedish krona ($1.9 million at the time). This followed multiple rounds of funding from investors for product development. Despite a court-appointed administrator seeking offers for the business by November, none materialized by the deadline.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"400\" src=\"https:\/\/megayachtnews.com\/wp-content\/uploads\/2026\/04\/X-Shore-FB.jpg\" alt=\"X Shore is back in business\" class=\"wp-image-88139\" srcset=\"https:\/\/megayachtnews.com\/wp-content\/uploads\/2026\/04\/X-Shore-FB.jpg 780w, https:\/\/megayachtnews.com\/wp-content\/uploads\/2026\/04\/X-Shore-FB-300x154.jpg 300w, https:\/\/megayachtnews.com\/wp-content\/uploads\/2026\/04\/X-Shore-FB-768x394.jpg 768w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">However, a company belonging to Norwegian entrepreneur Staale Reiersen acquired the manufacturing site and inventory in January of this year. According to NKP M&amp;A Insights, which shares propriety mergers and acquisition information in advance of traditional media, the total expenditure was 11 million Swedish krona ($1.193 million). At the time, Reirsen\u2019s company revealed it planned to switch its attention toward water taxis and fishing boats and therefore away from recreational yachting. However, Hanson\u2019s statement and the social media posts reveal a return to the original focus.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Now that X Shore is back in business, Hanson adds, it can provide customers and dealers with spare parts and service. It will do so on a structured basis, too. He also says that the goal is to continue advancing the technological backbone of the boats based on real-world experience. \u201cOur ambition is simple: To support you, deliver on our commitments, and continue to drive the transition to electric boating,\u201d Hanson asserts.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Konrad Bergstr\u00f6m, who founded X Shore in 2016, is no longer associated with the company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">X Shore&nbsp;<a href=\"https:\/\/xshore.com\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>xshore.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Three months after bankruptcy liquidation ended its electric boat and tender production, X Shore is back in business. New ownership is pledging to keep the Sweden-based builder stronger financially. Last week on its website and social media channels, the company indicated that boatbuilding operations had returned in Nyk\u00f6ping. Simultaneously, the company began outreach to global [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":69292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[5,15,2259,2263],"tags":[4080],"class_list":["post-88138","post","type-post","status-publish","format-standard","has-post-thumbnail","category-builders","category-tenders-toys-and-products","category-yachts-2","category-yard-news","tag-x-shore","entry"],"featured_image_urls_v2":{"full":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000.jpg",2000,1090,false],"thumbnail":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-150x150.jpg",150,150,true],"medium":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-300x164.jpg",300,164,true],"medium_large":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-768x419.jpg",768,419,true],"large":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-1024x558.jpg",1024,558,true],"1536x1536":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-1536x837.jpg",1536,837,true],"2048x2048":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000.jpg",2000,1090,false],"featured-blog":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-520x780.jpg",520,780,true],"genesis-singular-images":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-780x400.jpg",780,400,true],"singular-full-width":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-1700x660.jpg",1700,660,true],"gform-image-choice-sm":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000.jpg",300,164,false],"gform-image-choice-md":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000.jpg",400,218,false],"gform-image-choice-lg":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000.jpg",600,327,false],"yarpp-thumbnail":["https:\/\/megayachtnews.com\/wp-content\/uploads\/2023\/04\/X-Shore-Eelex-8000-120x120.jpg",120,120,true]},"post_excerpt_stackable_v2":"<p>Three months after bankruptcy liquidation ended its electric boat and tender production, X Shore is back in business. New ownership is pledging to keep the Sweden-based builder stronger financially. Last week on its website and social media channels, the company indicated that boatbuilding operations had returned in Nyk\u00f6ping. Simultaneously, the company began outreach to global dealers and customers. In a statement, Ren\u00e9 Hanson, the former CEO who remains in place, says long-term growth is the objective. \u201cThis period has been about stabilizing the business,\u201d he says. \u201cNow the focus is on execution.\u201d Additionally, Hanson says, \u201cWe are building on what&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/megayachtnews.com\/category\/builders\/\" rel=\"category tag\">Builders &amp; Refit Yards<\/a>, <a href=\"https:\/\/megayachtnews.com\/category\/yachts-2\/tenders-toys-and-products\/\" rel=\"category tag\">Tenders, Toys, &amp; Products<\/a>, <a href=\"https:\/\/megayachtnews.com\/category\/yachts-2\/\" rel=\"category tag\">Yachts<\/a>, <a href=\"https:\/\/megayachtnews.com\/category\/builders\/yard-news\/\" rel=\"category tag\">Yard News<\/a>","author_info_v2":{"name":"Diane M. Byrne","url":"https:\/\/megayachtnews.com\/author\/dianembyrne\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>X Shore Is Back in Business - Megayacht News<\/title>\n<meta name=\"description\" content=\"Now that X Shore is back in business, Hanson adds, it can provide customers and dealers with spare parts and service. 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