UK Sailmakers International, owner of the UK Sailmakers name, trademarks and proprietary sailmaking software, was purchased by a large group of UK Sailmakers’ loft owners.
With individual lofts becoming owners of the brand, the company said the global group of more than 50 lofts will grow stronger and attract more lofts to the group in major sailing centers around the world.
This business model in sailmaking will tie together the individually owned lofts more closely. With the lofts becoming partners, there will be more personal capital invested in making the group stronger because profits from the company will be reinvested to strengthen the brand, the company said.
Charles “Butch” Ulmer, the company’s founder and owner for the last 38 years, will be part of the new ownership group and will continue to own and operate the City Island, N.Y., loft.