Sunseeker sold to Irish investor

Author:
Publish date:
Social count:
0

FL Partners, based in Dublin, Ireland, purchased a significant majority stake in the British luxury yacht manufacturer Sunseeker International.

Together with a number of U.K. and Irish investors, FL Partners, which owns the horse-racing paper Racing Post, has provided about $36 million of new capital to Dorset, England-based Sunseeker.

Sunseeker, which employs more than 2,300 people, designs and manufactures power yachts from 43 to 150 feet.

Click here for the full release.

Related

Sales stagnate in March

Overall boat sales in March were slightly lower compared to last year and year-over-year growth was down by just over 1 percent, according to Statistical Surveys Inc., data that was gathered for 30 states.