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Hatteras and Cabo being sold off?

Discussion in 'Hatteras Yacht' started by Yacht News, Jan 7, 2013.

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  1. Yacht News

    Yacht News YF News Editor

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    I read that Hatteras and Cabo Yachts are being sold off.

    Brunswick Chairman and Chief Executive Officer Dustan E McCoy said, “This action reflects our decision to exit the sportfishing convertible category and to concentrate our resources in the yacht segment on our remaining brands, Sea Ray and Meridian Yachts. When completed, this action will also contribute to our goal of a break-even or better Boat Segment in 2013, even if the larger sterndrive/inboard fibreglass markets do not improve.

    “The current plan assumes that the eventual purchaser will retain both the physical plant and the talented workforce of Hatteras/CABO. During the sale process, which we seek to complete in an expeditious manner, Hatteras and CABO will maintain ongoing operations, and we will keep our employees and dealer network informed of our progress.”

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  2. AlfredZ

    AlfredZ Senior Member

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  3. Liam

    Liam Senior Member

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    There was a runour in the middle of the past decade that Azimut was very much interested in buying Hatteras. Then things never sort of happened, or it was just that a Rumour.

    It will be interesting to see who purchases Hatteras, and Cabo and if they will bought/ purchased togather or seperate.