As we all know, recently Fairline has been facing financial challenges - a tough moment for any business, let alone one with such a strong heritage.Ā
But we have good news! With additional funding from their specialist lender, DF Capital, Fairline has secured the means to continue production while they search for a buyer.
The real focus now is on finding the right investor - someone who understands the value of a brand like Fairline and has the vision to take it forward, but for now they have stable funding whilst they continue the search.
Given Fairlineās reputation and demand, thereās every reason to believe the right buyer will step in and see the opportunity (we've heard 120 potential buyers have expressed their interest already). It wasnāt long ago that the company was recruiting heavily, with a Ā£100 million order book driving expansion. That kind of demand doesnāt disappear overnight, and itās a testament to the strength of the product and the loyalty of Fairlineās customers. For those of us who know and love Fairline boats, this is a brand worth backing. I think Fairline has every chance to come through this stronger than ever.
For now, itās business as usual and boats are still being built, and the passion behind them hasnāt changed. Anyone considering a Fairline can take confidence in the fact that these yachts remain among the best in the world!
Boats.co.uk look forward to seeing whatās next for the company, and of course I promise to keep you updated every step of the way!
JB
