Tuesday 2 December 08 - 04:29
 

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Northshore Yachts sold

Northshore Yachts was sold last month. According to Francine Hedley-Goddard, the company's public relations manager, Northshore founder, Bryan Moffatt, has decided - at the age of 73 - to take things easy and retire.

"But it's business as usual, " said Hedley-Goddard. "Nothing has changed, the management team is all in place and we have a new investor in the company.

While Hedley-Goddard refused to be drawn on the identity of the new investor, well placed industry sources suggest it is Lester Abbot.

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