Sunseeker
 |
|
| Subsidiary | |
| Industry | Luxury motor yachts |
| Headquarters | Poole, United Kingdom |
|
Key people
|
Phil Popham (CEO), Robert Braithwaite (Founder and Managing Director) |
| Revenue | £320 million (2013) |
| Owner | Dalian Wanda Group |
|
Number of employees
|
Approximately 2,230 (2008) |
| Website | Sunseeker.com |
Sunseeker International is a British luxury motor yacht manufacturer. Its headquarters and main assembly facility is in Poole Harbour, at Poole in Dorset, England. The company has been making motor boats since 1969. Chinese conglomerate Dalian Wanda Group has owned the company since 2013. It is the largest UK-based luxury yachtmaker measured by 2012 revenues.
Manufacturing is undertaken mainly in Poole, in seven production plants and shipyards. An additional deep-water shipyard is used to build the 105 yacht and larger vessels. In March 2007, the company announced a 500 job expansion program, with a new site on the Isle of Portland, A new factory is being developed at New Quay Road, Poole.
In October 2002, Robert Braithwaite, the founder of Sunseeker International, was named Ernst & Young's UK Entrepreneur of the Year.
In 2006 Robert Braithwaite led a £44 million MBO of the company, backed by Bank of Scotland.
The company features in the 2008 Sunday Times list Profit Track 100 of the most profitable non-listed companies and in the Top Track 250 list of mid-sized non-listed companies.
In 2010, Irish private equity firm FL Partners took over ownership of Sunseeker through a debt restructuring deal after Sunseeker posted losses the previous year. [3][4]
On 19 June 2013 it was announced that the Chinese conglomerate Dalian Wanda Group had agreed to buy a 91.8% stake in Sunseeker for £320M. As reported, it has been promised that the day-to-day running of Sunseeker in Poole will be unaffected, with its 2,500-strong workforce keeping their jobs. The deal is set to be sealed by mid-August. [5]
...
Wikipedia