southern-banner1

cape yachtscape yachtscape yachts

seascape banner

farr banner ad 8 1

west system fp banner ad 1 15

fish samp 4

hh 66 side banner 6 16

fish corrected

pyi kiwi

c sprit banner

upfront banner

astra banner ad.png

c and c 3 16

brooklin boatyard

vela banner 2 15

gmt banner ad 5 20.png

oceanvolt 11 13 banner

tan banner 1 16

seaflo

onesails top banner

fish wind top 10 20

mconaghy banner 2 3

melges 40 banner

hh top banner 6 16

Posts Tagged ‘tom whidden’

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

hh fp side banner 6 21

ullman exclusive banner

rapido 60 ad

esse banner ad.png

front street ad 4 4

schwab tower ad 1 15

ep sails

hancock ad 6 16

race the cape

predict 5 15

whitecap fp ad

ewol banner ad

cst banner ad

http://www.camet.com/

trogear ad