PGM Sport Marine Ltd trading as Sport Marine with headquarters in Lemesos, Cyprus was founded by today’s President George Michaelides, who has been in the marine business since 1967 and imported the first Yamaha Outboard in 1978.
In 1989 a new era began for the company with the exclusive distribution agreement between Yamaha Motor Co. Ltd and Sport Marine for the distribution in Cyprus of Yamaha Marine Products. It was not long after that the company was first in sales in Outboards and Watercrafts on the island. The proof was the “Distributors Award” that Sport Marine was awarded in 1993 from Yamaha Motors Co. Ltd for excellent achievement in the marketing and sales of Yamaha Outboards and Waverunners. From that point and up to date the company received many awards and recognitions in all product categories.
In 2002 Four Winns trusted its distribution for Cyprus to Sport Marine. The company also teamed up with Jobe Sports offering a full line up of wakeboards, skis, towables and other watersports equipment.
The year 2005 was the one that the company was involved in Land Products. Introducing successfully in the market for the first time Yamaha Golf Cars, ATVs, Generators, Water Pumps and an excellent service and spare parts supply.
In July 2011, Hyundai SeasAll and Sport Marine signed an agreement for the exclusive distribution of Hyundai Marine Diesel engines in Cyprus. This gave new potentials to the company to enter the re-powering marine diesel engine market with the new high speed common rail design engines of Hyundai SeasAll.
One of the biggest names in the boating industry Sessa Marine, joined forces with Sport Marine in September 2011 for the exclusive distribution of Sessa Motor Yachts and Powerboats in Cyprus. With Sessa line up, the company offers its customers a huge selection of high quality and modern design motor boats and Yachts.
Sport Marine once more upgraded the service standards of the company and as of 2011 is offering a full range of Marine services, Yacht Management, Insurance and Financing possibilities.
In June 2012 the biggest name and world’s largest manufacturer of Ribs and Inflatable boats, Zodiac Marine came to an agreement with Sport Marine for the exclusive distribution in Cyprus of the full range of Zodiac. This gave new potentials for the company to enter successfully the Rib and Inflatable boat business with a Legendary Brand.
In January 2017 PGM Sport Marine Ltd officially announces that as of January 1st 2017, is the official exclusive distributor of Yamaha Motorcycles and Scooters in Cyprus. This achievement brings all Yamaha Motor Co. products under one roof for the first time ever in Cyprus.
Managing Director of PGM, Panayiotis Michaelides stated that: “We are very excited and proud to officially announce that as of the beginning of 2017 our company is the official Exclusive Distributor of Yamaha Motorcycles and Scooters in Cyprus.
This Yamaha product addition, gives us the complete line of Yamaha Motor Co product distribution in Cyprus which now includes Yamaha Motorcycles, Scooters, ATVs, Side by Side vehicles, Golf Cars, Outboard engines, Electric drives, Personal Watercrafts, Generators and Water pumps as well as a full line of Yamaha Parts and Accessories.
By completing the Yamaha product line up, it gives us the chance to offer our customers a thrilling experience of all Yamaha products under one roof. I would also like to take this opportunity to say a big thank you to all of our customers for the trust and support they have given us all of these years and which have helped us achieve great goals.“