September 16, 2011

News: Nord West September 2011

SOUTHAMPTON BOAT SHOW 2011
Once more Nord West looks forward to the opportunity of meeting up at this top United Kingdom show. For Nord West this will be the ninth consecutive Southampton show and the Swedish boat builder is very much looking forward to the opportunity of showing you its latest addition to the range. Nord West in fact has chosen Southampton Boat Show as the first international show to demonstrate the new 430 Sports Top! This version will have one of three interior design options that is available for this model and is  equipped with the new stern drive Volvo Penta D6 400hp and joystick control. Also at the show we will have the still best selling Nord West 420 Flybridge!  2011 has been another successful year for Nord West sales in our home market and several European markets; however the builder appreciate the concerns with regards to currency rates and recessional pressures which have been difficult for its UK customers. Nord West is still very keen to do business with clients in the UK and is able to arrange flexible finance packages and open to discuss sensible part exchange values.  Nord West believes in the importance of the Southampton show and hope to secure successful business. Nord West will also introduce and welcome new staff Richard Samuelsson, who will be joining Johan Stubner and will be doing first Southampton Boat Show.  Nord West will be on Marina Berths M232-233.
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NEGOTIATIONS TO AQUIRE NAJAD
A syndicate around the powerboat producer Nord West, intend to place a bid on the Najad sailing company who recently filed for bankruptcy on the 9th of August 2011. This last production year the Najad yard produced 25 high quality sailing yachts, and had a significant service operation around the establishment in Henån on the island of Orust. Nord West has their production facilities and main offices nearby on Vindön and has produced 37 high quality powerboats.  The Najad yard was founded in 1971 and has since then produced over 2000 sailing yachts. The company filed for bankruptcy after an intense period of expansion from 2005-2007 when the companies investments and sales escalated rapidly. After the financial turmoil of 2008 the sales decreased significantly and despite the following years production cuts, the company was forced to file for bankruptcy in the beginning of August.  Nord West was founded in 1985 by Benny Martinsson and has today over 130 employees with an annual turnover of approximately 350MSEK this last production year. The company is family owned and includes the production yard at Vindön, Orust and a moulding & tooling company in Lysekil. The yard is one of the most modern boatyards today in Sweden and sells their products all over the world.
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