11 February 2025
by Emma SlaterBritish Marine is actively engaged with the administrators of Fairline Yachts Limited, providing industry insight and support as efforts continue to secure the future of this iconic UK yacht manufacturer.
Following today’s press release from administrators Alvarez & Marsal (see below) and discussions with the administrators, British Marine understands that the sale process is progressing swiftly, with expressions of interest expected later this month, offers to be received in early March, and a targeted completion by the end of March.
Recognising the significance of Fairline’s skilled workforce, heritage, and global reputation for craftsmanship, British Marine remains committed to working with key stakeholders to help navigate this critical period and support a sustainable outcome for the business and the wider marine industry.
Administrators from Alvarez & Marsal launch sale process for iconic UK luxury yacht-builder
Funding secured with UK bank DF Capital to enable production to continue at Fairline Yachts
Administrators encourage interest from international as well as domestic investors
11 February 2025 – The Joint Administrators of Fairline Yachts Limited (“Fairline Yachts”), a luxury yacht manufacturer, have secured funding for the business and are seeking a buyer to take the iconic brand forward. The additional funding, provided by its existing specialist lender DF Capital, will enable the business to continue the production and sale of its yachts for customers worldwide and retain its 250 employees.
Founded in 1967, Fairline Yachts has built a reputation for crafting best-in-class yachts for its customers, with whom it has established long-term relationships. The company has four yacht ranges, from 33 ft to 68 ft models, which are sold globally both directly and via local dealerships. Fairline’s expert team of 250, based across two sites in Oundle and Suffolk, include highly skilled craftsmen with deep experience in the industry.
The Administrators are now encouraging any interested parties to contact them to discuss the opportunity to acquire one of the yacht industry's most recognisable brands.
“Fairline Yachts is an iconic brand with a committed and passionate team of experts who have established deep relationships with dealers and end customers over many years. The business is known throughout the world for the quality of its craftsmanship and the innovative design of its yachts. We expect that it could have broad appeal, to international investors as well as domestic. We encourage interested parties to make contact with us to discuss the opportunity to acquire this exciting business.”
Michael Magnay, Joint Administrator to Fairline YachtsInterested parties are to contact Gquinn@alvarezandmarsal.com