Fairline Yachts
Parent | Hanover Investors, UK |
Fairline Yachts is a British manufacturer of luxury motor yachts. Started in 1963 by Jack Newington, the company builds motor yachts in Oundle, Northamptonshire.[1] Hanover Investors, a UK based private equity company owns the brand.
Range
Fairline Yachts's range includes the following models:
- Squadron – first launched in 1990 with the Squadron 62, a large yacht range. From 42 feet (13 metres) to 78 ft (24 m)
- Targa – first launched in 1985, a series of sports style boats. From 38 ft (12 m) to 62 ft (19 m), the range is topped by the Gran Turismo models, first launched in 2003
- F//LINE – First launched in, 2019, a 33 ft (10 m) dayboat, inspired by the look of classic cars from the 1960s
- Phantom – First launched in 2022, a 65 ft (19.96 m) yacht, inspired by the design of the Targa 65[2]
History
Newington family
The company started when Newington bought a series of
The company expanded in the 1980s developing lines of high speed cruising yachts. In 1986, Fairline was awarded the
Venture investment: 2006–2015
In 2006 the company was purchased by
Administration
Having suffered a series of trading difficulties since the 2008 global recession, in December 2015 Fairline Boats entered administration. In January 2016, Alexander Volov and Igor Glyanenko, UK-based Russian businessmen, purchased the assets of Fairline Boats and formed Fairline Yachts Ltd. They announced a reduction in the workforce from the previous 466 to "around 100".[9]
Fairline Yachts Ltd
Since 2016, the reorganized Fairline Yachts has announced a series of new models of both its Squadron and Targa lines, as well as the introduction of the dayboat series, F//LINE and Phantom.[10][11][12][13][14]
In 2020, RiverRock European Opportunities Fund II announced it had purchased a majority stake in the company.[15]
In 2021, the private equity firm Hanover Investors acquired Fairline Yachts Ltd.[16][17]
See also
References
- ^ "FBL REALISATIONS LIMITED – Overview (free company information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 27 January 2016.
- ^ Draper, Phil (8 August 2022). "Fairline Phantom 65: British yard reveals more details ahead of Cannes launch". Motor Boat & Yachting. Retrieved 25 August 2022.
- ^ a b c d Back Targa 62 GRAN TURISMO more (2 December 2015). "Luxury Motor Yachts". Fairline.com. Retrieved 27 January 2016.
{{cite web}}
: CS1 maint: numeric names: authors list (link) - ^ "The Fairline Owners Club". Archived from the original on 13 June 2007. Retrieved 12 November 2018.
- ^ Hugo Andreae (28 June 2017). "Fairline luminary Sam Newington dies". mby.com. Retrieved 4 January 2018.
- ^ "Boat Buyers Guides". Rightboat.com. Retrieved 27 January 2016.
- ^ Nick Burnham (12 July 2011). "Fairline is bought by Better Capital Limited and RBS – Motor Boat & Yachting". Motorboatsmonthly.co.uk. Retrieved 27 January 2016.
- ^ https://www.linkedin.com/in/ayiaz-ahmed-234a516/[self-published source]
- ^ Rob Davies (1 January 1970). "Fairline Boats former staff 'queuing at gates' to work after Russian takeover | Business". The Guardian. Retrieved 27 January 2016.
- ^ YBW (21 September 2017). "Sleek and sporty: First look at the new F-Line Fairline 33". YBW. Retrieved 30 July 2021.
- ^ Peter Nash (7 July 2017). "Fairline's Targa 63 GTO: Cannes launch". Marine Industry News. Retrieved 20 November 2020.
- ^ Stef Bottinelli (17 September 2018). "Cannes Boat Show 2018: Newly launched Fairline Yachts' Targa 43 OPEN wins at World Yachts Trophies 2018". Yachting and Boating World. Retrieved 24 June 2020.
- ^ Risa Merl (7 April 2020). "Fairline's New Flagship Squadron 68 Holds Global Appeal". Luxuo. Retrieved 20 November 2020.
- ^ Zak Hillard (31 August 2019). "Fairline celebrates launch of F//Line 33 in style". Yachts and Yachting. Retrieved 20 November 2020.
- ^ Haynes, Reagan. "Fairline Yachts Under New Ownership". Trade Only Today. Retrieved 6 September 2022.
- ^ Moser, Jeff. "Fairline Yachts Acquired". Trade Only Today. Retrieved 6 September 2022.
- ISSN 0307-1235. Retrieved 6 September 2022.