North Technology Group announced that it acquired Doyle Sails and Quantum Sails.
The companies will operate independently, retaining their brand identities and competing for market share. Each will continue to manage its lofts, sales and marketing teams, and product suites.
“North Technology Group is passionate about the sailing industry, and with big ambitions and a relentless drive, we are continuously evolving,” CEO Sam Watson said in a statement. “We see a real opportunity for growth and development by bringing Doyle Sails and Quantum Sails into the NTG family.”
Doyle CEO Mike Sanderson and Quantum president Ed Reynolds will remain in place, as will their management teams.
North Technology Group was founded in 1957 and has expanded to include North Sails and Southern Spars.
