Sunseeker in discussions with a third party over the sale of a majority stake

Sunseeker is in discussions with a third party over the sale of a majority stake in the business with any deal being subject to the approval of various regulators. If a deal is concluded, Sunseeker will remain a British company, headquartered in Poole, Dorset and will maintain its existing primary production bases in the UK, along with its current workforce and infrastructure.

The existing management team and representatives of FL Partners will remain on the Sunseeker Boards and Founder Robert Braithwaite will continue to be involved in the business and remain as Group President.

Robert and Sunseeker’s management team will make a significant reinvestment in the business, providing continuity and a strong platform for the new model programme currently being developed in Poole.

The potential new majority shareholder, who has no current interest in the luxury motor yacht sector, supports Sunseeker’s commitment to superior products and its premium brand, both of which would be further enhanced by its investment. If a deal is concluded, it will allow Sunseeker to expand its global base still further while retaining its current operational and manufacturing infrastructure at our headquarters in Poole.

Sunseeker
+44 (0)1202 381 111
[email protected]
www.sunseeker.com

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