helly 10 9 side banner

tactical sailing

c tech 9 22

karver ad 1 14

ner 2

c c 8 7 ad

http://www.lymanmorse.com

tacking battle

vela ad 12 16

http://www.quantumsails.com/

hh banner green

rapido banner 2 red

BBY_SA

farr 280 banner 9 4

lemon and line

seascape banner

http://www.mauriprosailing.com/

http://www.crowleys.com/

http://www.dryuv.com

pyi banner ad

veilmails banner

weta banner 2 9

fireball banner ad

velocitek banner 12 16

http://www.shaw650.com/

schwab tall banner ad

sound ad 4 23

mcconaghy banner 8 11

tan banner 10 14

b&g banner 10 7

GUNBOAT 55 Multihull Anarchy Banner

mauri 3 1 SA-Top-Rotate

nke 10 2 banner

southern spar 10 21 banner ad

VX-One-550x150-Bnr_V3

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

salty tag 2

whitecaps 12 8 ad

Gunboat 60 sailing in Annapolis, MD.

http://www.camet.com/

swing keel ad.jpg_sml

ropeye banner 3 25

fisheries 12 1

melges banner 10 14

fisheries banner 9 4

nosa banner 12 18

rbs banner ad

FSS_SA

ullman banner 7 24

uk ad 4 3

hh banner purple

race q banner ad