HanseYachts AG is engaged in the development, production, and sale of sea-going sailing yachts. Its brands are Hanse, Moody, Dehler, Varianta, Fjord and Sealine. The company operates through the following divisions: Sailing Yachts and Motor Yachts. The Sailing Yachts division involves the production and sale of yachts through franchised dealers or by the company itself. The Motor Yachts division produces yachts under the Fjord brand. HanseYachts was founded by Michael Peter Schmidt in 1990 and is headquartered in Greifswald, Germany.