seascape banner

gmt banner ad

kaise banner ad

pyi banner ad

ner 2

torqeedo small ad

sound ad 4 23

http://www.dryuv.com

http://www.shaw650.com/

yellow banner

http://www.mauriprosailing.com/

ctech banner ad

weta banner 2 9

karver ad 1 14

landfall fall

http://www.crowleys.com/

mx ad

farr 280 banner ad

http://www.quantumsails.com/

http://www.lymanmorse.com

west marine 160 x 250 ad 6 10

c c 8 7 ad

BBY_SA

schwab tall banner ad

mauri 3 1 SA-Top-Rotate

tan 55 banner ad 1 21

boyd banner ad

torqeedo top banner

Gunboat 60 sailing in Annapolis, MD.

b g banner ad

mcconaghy banner 8 11

VX-One-550x150-Bnr_V3

southern banner ad

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

Gunboat 60 sailing in Annapolis, MD.

swing keel ad.jpg_sml

http://www.camet.com/

uk ad 4 3

fisheries side ad 7 22

http://www.motivetrimarans.com/

cci banner ad

predict wind banner ad

toro 34 banner ad

FSS_SA

ullman banner 7 24

anchor new ad

rbs banner ad

race q banner ad

ropeye banner 3 25