Boating Business August 2020

Page 1

boatingbusiness.com

AUGUST 2020

Washington Post 6 | Person Behind the Face 6 | Marketing 8 | Business Matters 10 | Profile 22 | People 23

ALTERNATIVE SHOW CONFIRMED

NEWS

Nine superyachts sold off plan Marina acquisition Businesses are ignored pages 1-9

WATER SYSTEMS British Marine's alternative boat show will go ahead in September. The organisation has confirmed that subject to last minute changes in the Covid-19 regulations, Boats 2020 presented by Southampton International Boat Show, will be held at Mayflower Park, Southampton, from September 11-20 2020. The not-for-profit event will take the form of an outdoor and on the water show, with organisers keen to stress the health, safety and security of exhibitors, visitors and colleagues will be the number one priority. “British Marine has remained absolutely committed to supporting the industry through the provision of an event this year,” said CEO Lesley Robinson. “This not-for-profit event will offer boat buyers and the leisure marine industry a chance to come together with the reassurance that the event is within government guidelines. “Visitors will see a super range of sailing and power boats

and the event format with bookable time slots on each stand will create a day of quality viewing for visitors.” Guidance And she said the event plans fall within current Government guidance. Safety measures will focus on four cornerstones; social distancing, cleaning and hygiene, protect and detect and clear communications. The show layout and ticketing platform will help create a safe environment for all visitors and allow them to focus on spending quality time with exhibitors. Tickets will be limited and BM will be monitoring and responding to any last-minute changes in the everevolving health situation. Visitors, exhibitors and event staff will have to comply with all the latest public health advice. To date 78 boats from 30 brands including Princess Yachts, are confirmed, alongside more than 40 land-based exhibitors of related marine equipment.

BAINBRIDGE MANAGEMENT BUY OUT Bainbridge International has undergone a management buy-out and restructure with MD Andrew Smith buying the company with the help of outside investment. Andrew has been with distributor and sailcloth manufacturer for six years and has been instrumental in returning the company to o its roots as a sailcloth and fabric specialist. He now plans to develop the range further and continue ontinue investing in developing new materials. Alongside the sailcloth, the company will continue to develop and invest in its AquaMarine aMarine brand alongside the supply of marine products. oducts. “It has been a difficult time for the global bal economy and will continue to be so but I

am a strong believer in Bainbridge and the excellent team we have,” said Andrew. “This coupled with the strength of the relationships with our suppliers, from weavers to finishers will stand stan us in good stead to weather these challenging conditions.” The restructure rest sees the retirement of Jan O'Connor who w has been with the business for more than 12 years yea and the owner for the last six years. He will now n step down as director. Gavin Lacey La will remain as the company's commercial commer director. Laurence Mead (pictured), who provided p the investment for the acquisition ac will join the board as a non-executive chairman.

Sunseeker contract Installation challenges New markets pages 12-16

BOATBUILDING

20% expansion New resin system Epoxy approvals pages 18-21


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.