

The new owners of the company decided to put 3.5 million euros to assist in financing the company’s on going restructuring programme. Capital stated that, as planned when it acquired the company, it had provided UK based Fairline Boats with an additional 2mil € to add to its purchase investment of 20mil € from its BECAP Fund LP (Fund 1) to assist in financing the Continue Reading

Charles Schwab anounced a sponsorship of the 34th America’s Cup, becoming the official investment firm for the America’s Cup World Series events in San Francisco and the Louis Vuitton Cup, America’s Cup Challenger Series, and America’s Cup Finals in 2013. Over the next 13 months, Schwab’s founding city of San Francisco, Ca., will play host to the high-profile international Continue Reading

La maggioranza del brand norvegese Helly Hansen passa di mano. L’attuale proprietario, la società di private equity Altor, mantiene il 25% mentre il 75% è stato rilevato da uno dei maggiori fondi pensione canadesi, Teachers’. La realtà nordamericana – per esteso, The Ontario Teachers’ Pension Plan – ha operato attraverso la sua società di Continue Reading

Good news are coming from the U.S. recreational boating industry, after different difficult years now is growing, but those hoping for an eventual return to pre-recession sales numbers will need to adjust to what is commonly called the “new normal,” according to a recent report by The Freedonia Group. The report said a rebound from the depths seen in 2010 has started, Continue Reading

In the past days a Danish holding company has acquired the 51% stake of the sailboat builder X-Yachts from Birger Hansen, Lars Jeppesen, and Niels Jeppesen, three founding shareholders. In addition, X-Yachts has announced that Birger Hansen will gradually retire from his position in the company, whereas Lars Jeppesen and Niels Jeppesen will continue in the management Continue Reading

Italian superyacht builder Overmarine will expand his facilities in Pisa to build a new generation of steel and aluminium hulled motoryachts that will extend the maximum build length from 50m (164ft) to 70m (230ft). Currently its range of yachts are constructed from composites, with moulding completed at its Massa facility, and outfitting of Mangusta performance Continue Reading

Riva ha festeggiato 170 anni nel Principato con il Riva Trophy 2012, svolto dal venerdì 29 giugno a domenica 01 luglio. Carlo Riva, l’Ingegnere di Sarnico presente alla Cerimonia di Premiazione ha ringraziato il Principato e ricordato i primi giorni dell’azienda a Monaco.Continue Reading

La Camera di commercio di Napoli in occasione del Premio Ischia di Giornalismo ha dedicato un evento all’analisi dell’impatto economico degli eventi. Dopo la presentazione dello studio sull’impatto dell’America’s Cup a Napoli, la Camera di Commercio ha promosso un forum nazionale con i massimi esperti del settore che si è tenuto venerdì 29 giugno ad Ischia, in Continue Reading

Beneteau has said it expect that boat sales to be down by around 12 per cent for the full year. The French boatbuilder generates €425.2 million in sales from its boat division, -13% compared with the same period in 2010-2011. During the nine months of fiscal year 2011-2012 Beneteau generated €610.4m in consolidates sales.Continue Reading

Le due aziende sono state i principali partners della nona edizione de Le Vele d’Epoca a Napoli Trofeo Banca Aletti, l’appuntamento annuale che il Reale Yacht Club Canottieri Savoia, in collaborazione con l’Ufficio Sport Velico Marina Militare, riserva agli Yacht d’epoca (anno di varo anteriore al 1950) e Classici (anno di varo anteriore al 1976). Un evento lungo una Continue Reading