Fairline Yachts Acquired
December 9, 2024
Hanover Investors sold its interest in the U.K.-based builder to Arrowbolt Propulsion Systems.
Hanover Investors sold its interest in the U.K.-based builder to Arrowbolt Propulsion Systems.
Hinckley’s Stuart, Fla., location achieved certification as a Mercury Marine Certified Service and Sales Dealer.
Ken Meloon joined the company in 1960 as a boat washer and followed in the footsteps of his father and grandfather.
The company hosted an investors’ day this week that included the presentation of several key points, from revenue growth to acquisitions.
The sales partnership spans the West Coast, the Southwest and Hawaii.
Viking Yachts and Valhalla Boatworks sold a combined 16 boats at the recent Fort Lauderdale show.
The company said it had record sales for several of its brands at the show, which closed yesterday.
The Chaparral and Robalo parent reported a 36% decline in net sales but cash and equivalents of $54 million and no debt.
The company recorded revenue of $30.3 million, an increase of 29.1% from the year-ago quarter.
The company reported net sales of $1.27 billion, with all four of its business segments reporting sales declines.
Hanover Investors sold its interest in the U.K.-based builder to Arrowbolt Propulsion Systems.
Hinckley’s Stuart, Fla., location achieved certification as a Mercury Marine Certified Service and Sales Dealer.
Ken Meloon joined the company in 1960 as a boat washer and followed in the footsteps of his father and grandfather.
The company hosted an investors’ day this week that included the presentation of several key points, from revenue growth to acquisitions.
The sales partnership spans the West Coast, the Southwest and Hawaii.
Viking Yachts and Valhalla Boatworks sold a combined 16 boats at the recent Fort Lauderdale show.
The company said it had record sales for several of its brands at the show, which closed yesterday.
The Chaparral and Robalo parent reported a 36% decline in net sales but cash and equivalents of $54 million and no debt.
The company recorded revenue of $30.3 million, an increase of 29.1% from the year-ago quarter.
The company reported net sales of $1.27 billion, with all four of its business segments reporting sales declines.
