Discovery Yachts buys Southerly
12 Jun 2017
Discovery Yachts has bought Southerly
Discovery Yachts has acquired the Southerly range of swing keel sailing yachts for an undisclosed sum.
The move follows the recent management buyout and new investment and is a ‘logical move’ for the Discovery Group that is aiming to become one of the UK’s leading sailboat builders with its range of cruising yachts – monohull and catamaran – from 32 to 67ft.
Plans are underway to enhance the Southerly offering by adding a mix of bespoke customisation and handcrafted joinery.
New build programmes have been entered into the 2017 Discovery production schedule with production of Southerly yachts taking place at Discovery’s Southampton based facility. A new product launch for the Southerly brand is expected for September’s Southampton Boat Show.
“The purchase of the Southerly Yachts brand is a vital element in the exciting growth and investment strategy we are planning for the Discovery Yachts Group,” said
MD Sean Langdon.
“This purchase enables us to offer our clients a much more extensive size range, as well as the versatility of the variable draft designs. We plan to capitalize on the global appeal of the dual brands to become one of the UK’s leading quality sailboat builders.
“We look forward to welcoming the Southerly owners and prospective purchasers into the Discovery Groups’ family.”
Northshore Yacht Services, based at Chichester Harbour will continue to be an approved specialist Southerly refit and repair centre and Southerly yacht brokerage.