Fairline

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Fairline Boats Ltd.
legal form Limited
founding 1963
Seat Oundle , Northamptonshire
management Derek Carter ( CEO )
Number of employees 1100
Branch Shipbuilding
Website www.fairline.com

Fairline test center in Ipswich

Fairline Boats Ltd. is a British shipbuilder based in Oundle on the Nene in Northamptonshire . Every year around 300 motor yachts are built in both Oundle and Corby and sold worldwide.

history

The company was founded in 1963 by Jack Newington. He had bought a former gravel pit on the Nene, where he built the company premises. Five years later, in 1967, Newington was able to present its first boat. It was a handcrafted 19-foot river cruiser.

In 1971 his son, Sam Newington, took over the company. Under his leadership, a global sales organization was built up and a profit was also made for the first time. By 1979 the number of employees had grown to 140. Sales in the same year were £ 5 million .

In 2002 the company's ten thousandth boat was built. A management buyout followed on May 31, 2005, which separated the company from the Renwick Group . It cost 59.17 million euros. In 2006, Fairline was taken over by the London-based financial investor 3i .

Products

  • In 1974 the production of the Phantom series began. The first yacht was 32 feet long. The yachts are now being built in the Phantom 50 , Phantom 48 and Phantom 40 versions .
  • The Targa series has been in production since 1985. Nine different versions are currently available.
  • In 1991 the Squadron series was introduced. They are the largest yachts Fairline builds. The longest version measures 78 feet.

Individual evidence

  1. ↑ a b c Fairline: 3i finances management buy-out at Fairline Boats plc ( Memento of the original from October 22, 2006 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , Press release June 6, 2005 @1@ 2Template: Webachiv / IABot / www.fairline-yachts.com
  2. ↑ 3i: Portfolio - Fairline Boats ( Memento of the original from February 18, 2010 in the Internet Archive ) Info: The archive link has been inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. , accessed February 17, 2010 @1@ 2Template: Webachiv / IABot / www.3i.com

Web links