Fairline Yachts has rolled out the production line for its first boat, the Targa 48 GT, since being bought out of administration last January. See the pictures here.
Fairline Yachts has rolled out the production of their first luxury boat since being bought out of administration by two Russian investors in January.
The luxury boat builders kicked off production of their new Targa 48 GT yacht at Oundle this morning, Thursday 4 March.
The Targa 48 GT costs £500,000 and will be ready in spring/summer 2016.
Fairline Yachts’ managing director, Russell Currie, said: “We are delighted to announce that this Thursday sees the first boat to roll off our production line since our purchase of Fairline Boats from administration at the end of January. This is a significant occasion and one we want to celebrate.
“We are delivering on our promise to complete all orders for boats received by the previous owners, a sign of our commitment to our loyal customer base and dealer network.”.
Mr Currie added: “We are building a great future for Fairline Yachts and are 100 per cent focused on creating the highest quality luxury motor yachts that boaters want to own and our dealerships around the world want to sell.”
Fairline Boats was bought by Wessex Bristol last September but went into administration in December.
At the end of January it was announced that the luxury boat builders had been bought out by Russian investors Alexander Volvo and Igor Glyanenko and renamed Fairline Yachts.
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