MarineBusiness-World.com
 
 
News Home Australian Cruising FishingBoating Sail-World Australia Photo Gallery
Sail-World.com : Lewmar sells Navtec in private deal with Navtec Rigging Solutions Inc
Lewmar sells Navtec in private deal with Navtec Rigging Solutions Inc


Lewmar has sold Navtec in a private deal with Navtec Rigging Solutions Inc. The sale is inclusive of both the US operation and Navtec Süd, a smaller manufacturing and service centre based in France.

Allen Goddu, owner of Navtec Rigging Solutions Inc, is also President of Impact Alloys, who are a long-term supplier of raw materials to Navtec. This deal represents a natural progression for the aim of increasing vertical integration within the business.

Lewmar's CEO Peter Tierney commented, 'The rigging business operates very differently to our primary market. The sale of Navtec will allow full focus to be put on our core competency of providing quality deck hardware through our well established distribution and OEM channels.'

Lewmar Ltd. and Lewmar North Europe will remain as Navtec distributors, supplying product and service to their existing customers in the UK and across Europe, as well as handling Superyacht project requirements.


by Lewmar

  

Click on the FB Like link to post this story to your FB wall

http://www.marinebusiness-world.com/index.cfm?nid=108030

10:55 PM Mon 1 Apr 2013GMT


Click here for printer friendly version
Click here to send us feedback or comments about this story.


Related News Stories:

08 Feb 2013  Sailing Stuff to represent Lewmar in India
31 Jan 2013  Navtec chosen by all three Vendee Globe podium finishers
15 Jan 2013  DTX Anchor range now available from Lewmar
30 Nov 2012  Lewmar now distributing own-brand versions of AutoAnchor catalogue
10 Nov 2012  Lewmar to launch innovative app ahead of METS
10 Oct 2012  Lewmar to sponsor Hamble One Design Championships
04 Sep 2012  Lewmar names BLA as exclusive distributor in Australia
19 Nov 2011  Lewmar and Navtec previewed a host of new products at METS
09 Jun 2011  Top Volvo syndicates choose Navtec race hydraulics
02 Jun 2011  Lewmar EVO Winch limited period Special offer
MORE STORIES ...




Marine Business News



Pontoon Boats are a hit with families and entertainers by Sanctuary Cove International Boat Show,




HUD Vision: An interview with Afterguard Marine’s Alex Moret *Feature by David Schmidt, Sail-World USA Editor, Seattle






















Glacier Bay returns to Australia, re-launching at SCIBS by Sanctuary Cove International Boat Show,




















Singapore Yacht Show 2014. Boats to make your eyes pop. by Guy Nowell, Sail-World Asia, Singapore








Power to the people at Sanctuary Cove International Boat Show by Sanctuary Cove International Boat Show,


SCIBS VIP lounge back bigger and better in 2014 by Sanctuary Cove International Boat Show,






Singapore Yacht Show 2014. And another thing… by Guy Nowell, Sail-World Asia, Singapore


RPAYC Fleet of six ‘Force 24’ keel boats up for sale
Singapore’s Grand Banks Yachts to acquire Aus. boat builder Palm Beach
Singapore Yacht Show 2014. Probably The Biggest Boat Show in Asia.
Collinson FX Market Commentary: April 10, 2014 - Equity markets surge
RYA to examine navigational risk assessment for Navitus Bay Wind Park
Musto Australia - Annual warehouse sale
Success for family-friendly Brisbane Tinnie & Tackle Show
Collinson FX Market Commentary: April 9, 2014 - US loses faith
Cyclone Ita predicted to reach Category 4 off Far North Queensland
Collinson FX Market Commentary: April 8, 2014 - Equities Alarm bells
America's Cup runneth over for New Zealand's economy *Feature
Opportunities abound for yacht industry in Southeast Asia
Mercury’s new Verado 200hp Pro FourStroke – delivering even more
Stars emerge for Sydney International Boat Show *Feature
Better ocean maps would assist search and fisheries
Queensland Marine Industry Leadership Changes
Living ship-shape on the 1.4km $10bn floating city
Hop online to get your fishing permit this Easter
Greg Norman announces global investor campaign for Great Keppel Island
Royal Ocean Racing Club and Royal Corinthian Yacht Club, Cowes to join
Collinson FX Market Commentary: April 4, 2014: AUD and KIWI surge   
Luxury Yacht Share Asia (LYSA) introduces fractional ownership to Asia   
VRFish works with fishers on Corio Bay conflict   
Spring Boat and Cottage Show to take place at the Port of Orillia   
ISAF Sailing World Cup – No time to lose says new ISAF Appointee   
Collinson FX Market Commentary: April 3, 2014: White Gold running dry   
Mondo Marine invests in Chinese shipyard   
Aqualuma partners with ASMEX 2014 for Welcome function   
Kaohsiung to welcome the world for 1st Taiwan International Boat Show *Feature   
Collinson FX Market Commentary: April 2, 2014: RBA hold rates   
Elvstrøm Sails new APR-1 makes sail reefing history!   
Collinson FX Market Commentary: April 1, 2014: All rise   
Channel 7 stage returns to Sanctuary Cove International Boat Show   
Hainan Rendezvous: suffering from a hangover?   
Palm Beach International Boat Show shows healthy attendance   
Brisbane Tinnie & Tackle Show - this weekend!   
Coastal infrastructure and species loss - Climate Change consequences *Feature   
rescueME PLB1 – safety assured in one compact, light package *Feature   
Japan's Antarctic whaling program harpooned   
All Marine Spares hits the boat show trail in a trailer *Feature   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News





Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW MBW