"Much of the growth can be attributed to an increased acceptance and understanding of the product, " said Clive Johnson, Tacktick's joint managing director.

"Rule changes in an everincreasing number of dinghy classes, and the introduction of new products for sports and small keelboats, mean our units are being used to improve performance at all levels of sailing."

He added Tacktick was confident that it will benefit from Holt's penetration of the market place.

Holt currently distributes products to up to 95% of chandlers through the UK with brands such as Holt Allen, Marine Pre Packs, YS Fittings, Samson Ropes, Clamcleat and PSP Tapes.