Sad news - Hunton Powerboats Romsey

[Ianfs]

Just heard from a source that Hunton Powerboats Ltd have gone into administration. Yet another sad occasion for British boat building.

I understand Jeff resigned 3 years ago, it is such a shame the current Directors couldn't make the business go forward, someone called Court I believe. Still I expect they'll walk away from their creditors, Nov last year was some £6.9m. I wonder if they have filed for a pre pack administration?

[ian h]

Thats sad news .
As you say another British boat builder gone , Wonder if they will find a buyer like Fairline

[Bigplumbs]

This is indeed very sad news. I am still very sad also about the loss of that great British Builder Fletcher

There must be someone on here with money to buy one of them. I just got made redundant so not me

Dennis

[ian h]

This is indeed very sad news. I am still very sad also about the loss of that great British Builder Fletcher

There must be someone on here with money to buy one of them. I just got made redundant so not me

Dennis

I thought Fletcher were still going but under new owners

[Bigplumbs]

This is indeed very sad news. I am still very sad also about the loss of that great British Builder Fletcher

There must be someone on here with money to buy one of them. I just got made redundant so not me

Dennis

I thought Fletcher were still going but under new owners

Unfortunately not

[Ianfs]

This is indeed very sad news. I am still very sad also about the loss of that great British Builder Fletcher

There must be someone on here with money to buy one of them. I just got made redundant so not me

Dennis

I thought Fletcher were still going but under new owners

Unfortunately not

Weren't Fletcher Boats bought by SBS, then there was a big fight in court who owned the name? Then last year Wessex (Mr Ahmed who bought Fairline) bought it from SBS and are trying to relocate.

[ian h]

Weren't Fletcher Boats bought by SBS, then there was a big fight in court who owned the name? Then last year Wessex (Mr Ahmed who bought Fairline) bought it from SBS and are trying to relocate.

That is what I thought

[ian h]

Bit more news here but not much
http://www.mby.com/news/hunton-powerboa ... tion-81161

Maybe will be like Fairline whom find a new investor

[ian h]

Press release today :


Hunton relaunches as Hunton Yachts Ltd
Hunton Yachts
Hunton Yachts Ltd has emerged as the new entity for Hunton Powerboats.

Hunton Yachts Ltd has secured the IP and assets of Hunton Powerboats and is looking forward to raising this exclusive British icon to new heights.

New investment and backing in the company will propel Hunton forward into new and existing international markets, building on the quality and reputation of this British boating phenomenon.

Fiona Pool remains as Chief Executive. She commented:

"This is a very exciting time in Hunton’s history. We have emerged as a leaner, healthier business with a very clear strategy for new product development, dynamic marketing and a global outreach."

Hunton’s mission remains to produce the finest high performance yachts in the world, combining decades of experience, state of the art technology and traditional craftsmanship.

We will also be announcing in due course the launch of a new range of luxury yachts for 2017. These new designs will appeal to those looking for exclusivity, comfort and quality, hand built to exacting standards. These boats will continue the tradition set by Hunton for unrivalled performance, sea handling and luxury.

We will manufacture these superb luxury masterpieces through partnerships with the very best manufacturers and craftsmen. The interiors and exteriors will use only premium materials for a fully bespoke creation following your exact desires. The new designs bring together the latest research, technology and engineering, combining looks, handling and stability in one exceptional package.

We are pleased to announce that we have already signed a new dealer for South East Asia. Raffles Yachts in Singapore has been a prime player in bringing European yachts to Asia and turning Singapore into the Monaco of the East. They aim to launch the Hunton dealership at the Singapore Yacht Show in April, where they will be thrilled to present the brand to a new and exciting audience.

[Ianfs]

Although very sad this has happened I cant help wondering if the new funding will go towards any of the losses that their creditors had to endure.