Dehler Yachts, Germany's third-largest boatbuilder, went into administration yesterday. A recent bank guarantee by the government of the state of North Rhine-Westfalia did not succeed in preventing the company from going under. Workers at the factory, located in Meschede-Freienohl (Sauerland, Germany), were informed of the situation by CEO Wilan van den Berg. Dehler has been building sailing yachts, and only recently appointed new agents in Ireland, for more than 40 years.