Bilal Kayacan who was the founder of the company had been involved in the wooden boat building industry in 1951.
He founded the Herbot Cruise Workshop partnership in 1968 at Pasabahce (on the İstanbul Bosphorus side) with his two friends and the partnership lasted until 1980.
Bilal Kayacan and Ali Kayacan, who joined the company in 1977, continued their own work at the same address until 1994.
During these years, many famous sailing and motor yachts were built in the Paşabahçe workshop, such as Nazenin I, Nirvana, REA, Mistral, Inci, KIALOA, PIR, Sinbad and Orient Star.
Kayacan Yacht Construction Ltd. was founded in 1994 and the company moved from Paşabahçe to the new workshop in Tuzla-İstanbul.