Nautic Global to sell

pearson57842pearson57842 Member Posts: 31 ✭✭
in Rinker Express Cruisers Forum
http://www.boatingindustry.com/news/2015/08/25/nautic-global-group-taking-bids-for-brands/
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Comments

  • Black_DiamondBlack_Diamond Member Posts: 5,439 ✭✭✭✭✭
    Sounds like a fire sale.  Not good.

    Past owner of a 2003 342FV
    PC BYC, Holland, MI
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  • LaReaLaRea Member, Moderator Posts: 7,747 mod
    We'll see.  Every brand is for sale, all the time.  Just like boats.  Every boat in my marina is for sale, including mine.  
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  • l-skynyrdl-skynyrd Member Posts: 178 ✭✭✭

    This is just my opinion, when investers invest in a certain field and it does not produce the resalts  they were expecting they want to bail and find something that will make them more money. Someone will buy Rinker that is not so greedy and Rinker will be fine.

    And up my bid to $2.00


    Len

    You have to love the water....

    Len & Robyn   342 FV  Freebird

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  • Michael TMichael T Member Posts: 7,227 ✭✭✭✭✭

    Fingers crossed that this ends well for the employees and the brand.

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  • [Deleted User][Deleted User] Dana Point, California, USAPosts: 0 ✭✭✭
    If I ran Cobalt I'd take a hard look at snapping up Rinker. The two lines would be a nice fit in my opinion. But I could be wrong. This is the boat business, which is not in my wheelhouse, pardon the pun.

    Andy
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  • TonyWalkerTonyWalker Member Posts: 744 ✭✭✭
    I think the value of the brand is enhanced by the individual owners and how much they like their boats.  That should be a draw to any boat builder looking for a great addition to their line up.
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