stelican
Well-known member
Fairline deal agreed
I have heard 3rd hand from a reliable source that Fairline have a new owner
Brilliant news
I have heard 3rd hand from a reliable source that Fairline have a new owner
Brilliant news
Fairline Boats purchased
- Thread starter stelican
- Start date
jrudge
Well-known member
I heard second hand on Thursday that is should have been sold on Friday but I have seen nothing to confirm that.
There was speculation as to who the buyer was but it was only speculation so I shall not fuel any rumours.
Good news if the deal has gone through.
There was speculation as to who the buyer was but it was only speculation so I shall not fuel any rumours.
Good news if the deal has gone through.
EugeneR
Well-known member
Absolutely brilliant news. Hope they keep the values that made Fairline a brand to be proud of. Maybe a premier sailing brand looking to move into power?
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CLB
Well-known member
Fairlineski?
stelican
Well-known member
So I understand
Whitelighter
Active member
Let's hope fairline doesn't go the way of TVR
lambohill
Member
lambohill
Member
Probably will.
Go the tvr way
Go the tvr way
MapisM
Well-known member
If you understood that Smolensky is the new owner, I struggle to understand from whose viewpoint you can call that brilliant news... :ambivalence:
petem
Well-known member
Well its a lifeline compared to the liquidation / disposal that would otherwise have taken place
JumbleDuck
Well-known member
Couldn't that have been written twice in the recent past?
DougH
Well-known member
I have never understood the 'rose tinted' attitude to the Fairline Company and their boats on this forum.
Yes they are good craft built to an acceptable standard, but really were always constructed to a "competitive" price just above Sealine and only to a slightly better than Sealine finish.
IMHO they always suffered from cash flow problems, hence the deal they done with Peters and the subsequent deal with Essex Boat Yards, who were able to offer large and extensive stock orders.
IMHO this only helped for short periods as the prices they were bought at only compound the cash flow problems even more.
Most folks that have purchased a new Fairline talk of the great deals they were offered with both an excellent part exchange price on their old boat and also a large discount off the new one.
Is it only the PRICE that people judge the quality of a boat on?
I'm sure that they would not take the same approach when buying a house or car.
Now awaiting the flack but please do not go out and buy Voodoo dolls and pins, it's only my opinion and as my wife tells me that does not count for much.
Yes they are good craft built to an acceptable standard, but really were always constructed to a "competitive" price just above Sealine and only to a slightly better than Sealine finish.
IMHO they always suffered from cash flow problems, hence the deal they done with Peters and the subsequent deal with Essex Boat Yards, who were able to offer large and extensive stock orders.
IMHO this only helped for short periods as the prices they were bought at only compound the cash flow problems even more.
Most folks that have purchased a new Fairline talk of the great deals they were offered with both an excellent part exchange price on their old boat and also a large discount off the new one.
Is it only the PRICE that people judge the quality of a boat on?
I'm sure that they would not take the same approach when buying a house or car.
Now awaiting the flack but please do not go out and buy Voodoo dolls and pins, it's only my opinion and as my wife tells me that does not count for much.
jfm
Well-known member
I think what you write there dougH is a broadly correct description of fairline, princess, ferretti group and sunseeker.
jrudge
Well-known member
Heard from someone close to the deal today that deposit paid. Deal completes on Friday when it will be announced. New board of directors all from the marine industry.
D
Deleted User YDKXO
Guest
If this is the same Nicolai Smolensky who totally f****d up TVR, then this really is a frying pan to fire situation for Fairline. This guy is a rich kid who plays with companies because he can
longjohnsilver
Well-known member
Interesting Wikipedia entries for both him and his father.
PowerYachtBlog
Well-known member
In general this all what the big brands, those known by average Joe do.
But when I worked for a short period of time for a Ferretti dealership in 1997 and 1998 (the Group was just being formed), Ferretti was a pretty much a to order builder. I think Fairline had the dealership concept existed since the 80s cause I have old MBY mags with Peters selling stock boats, as did some other dealers back in the days. I am not sure Ferretti changed this way a lot later on, I am sure they did most of the boats to order minus some stock as ordered by some dealers in the sub sixty feet sizes.
MapisM
Well-known member
Just for the records, mine was purely a guess based on what was posted before.
In hindsight, by "Fairlineski", maybe CLB meant (and stelican confirmed) just some Russian in general, 'dunno...
DTIM
Member
Fairline Acquisitions Ltd incorporated 6.1.16, sole director stated as Karl Tristan Gilding,. Two shareholders stated as - Alexander Volov & Igor Glyanenko. Chat on Facebook seems to suggest a tie in also to Bates.
Time Out
Well-known member
Karl Gilding is ex Fairline ( and a bit of Sunseeker and Marina Marbella and originally Lewis Yachts. Very passionate about the brand.