c & c 30 banner ad 3 8

seascape banner

ner banner 3 24

http://www.mauriprosailing.com/

schwab tower ad 1 15

velocitek banner 12 16

farr 280 banner 9 4

http://www.crowleys.com/

fish fp 6 15

vela banner 2 15

lemon and line

http://www.dryuv.com

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brooklin boatyard

http://www.lymanmorse.com

hh banner green

rapido banner 2 red

west system fp banner ad 1 15

weta banner 2 9

karver ad 1 14

c tech 9 22

re-sale

North SalesLondon’s Sunday Times and the Financial News both repeated today the news we broke last week in a Sailing Anarchy world exclusive; it appears they have their hands on an embargoed press release confirming the sale of North Technology Group to Oakley Capital, founded by UK entrepreneur Peter Dubens.

They report the sailmaker being ‘valued at $130m’ instead of the >$400m sale we reported – a value that may be explained by the complexity of the numbers games in a multi-subsidiary debt + equity deal like this one as well as the fact that the current owner will retain a minority equity stake.  The Times reports that Tom Whidden will stay on as CEO, while Dubens will take over as Chairman and superyacht owner and maxi racer Sir Charles Dunstone will join as a non-exec director.

Mostly useless discussion in the thread, but if you have something to add, have at it. UPDATE:  North Sails Press Release hit the street today.

 

March 2nd, 2014

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LATIS-INTERNATIONAL-SA-AD-JUNE

ganz

front street ad 4 4

salona side banner

ullman banner 41 15

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Gunboat 60 sailing in Annapolis, MD.

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