weta banner 2 9

schwab tall banner ad

gmt banner ad

BBY_SA

sound ad 4 23

ner 2

west marine 160 x 250 ad 6 10

torqeedo small ad

c c 8 7 ad

http://www.lymanmorse.com

c tech 9 3

http://www.mauriprosailing.com/

http://www.dryuv.com

seascape banner

http://www.shaw650.com/

farr 280 banner 9 4

karver ad 1 14

kaise banner ad

pyi banner ad

http://www.quantumsails.com/

http://www.crowleys.com/

yellow banner

landfall fall

tan 55 banner ad 1 21

boyd banner ad

southern banner ad

mcconaghy banner 8 11

Gunboat 60 sailing in Annapolis, MD.

mauri 3 1 SA-Top-Rotate

b g banner ad

VX-One-550x150-Bnr_V3

torqeedo top banner

Posts Tagged ‘the biz’

Article Separator

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 by admin

ewol banner ad

rbs banner ad

http://www.motivetrimarans.com/

toro 34 banner ad

uk ad 4 3

http://www.camet.com/

swing keel ad.jpg_sml

fisheries watch ad 9 18

race q banner ad

FSS_SA

anchor new ad

Gunboat 60 sailing in Annapolis, MD.

Attachment-1

ullman banner 7 24

fisheries banner 9 4

ropeye banner 3 25

predict wind banner ad