sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery

 

Sail-World.com : Nexus Marine acquired by Dean Barker and Richard Macalister

Nexus Marine acquired by Dean Barker and Richard Macalister

'New part-owner, Dean Barker, will give added profile and racing expertise to Nexus AB'    Crosbie Lorimer    Click Here to view large photo

With the world economy suffering a period of such upheaval and uncertainty, it is a major boost for the Swedish-based marine electronics company Nexus Marine AB, to announce that a couple of top flight names operating at the sharp end of international yacht racing, Richard Macalister and his business partner, the America’s Cup skipper Dean Barker, have acquired the majority shareholding in this Stockholm-based company.

The deal has been struck through their investment arm, Barmac Holdings, with the balance of shares being held by Layline AB, an investment company owned by Jan Silfven and Jonas Magnér, both of whom hold senior management positions at Nexus Marine AB.

Nexus Marine is a leading manufacturer of navigation instrumentation for racing and cruising yachts. Formed in September 2006 out of the manufacturing arm of the Silva Group, the Nexus brand brings with it 70 years of experience in the design and manufacture of precision navigation instruments, and continues to uphold that heritage with a product range that combines the very latest in technology and styling.

Mirroring core values
In buying into this heritage, Barker and Macalister have recognised in Nexus the core values that have made their own business in New Zealand, Kiwi Yachting Consultants, such a success. It’s a simple but hard to beat formula. Nexus provides the right ethos and mix of products, excellent R&D and a strong customer service arm resulting in an intensely loyal customer base. The acquisition enhances the business of Kiwi Yachting Consultants which will be responsible for distribution in the Southern Hemisphere and sales in New Zealand, allowing the company to invest in improved distribution practices that will benefit all the companies that it represents.

Sales & Marketing Director, Jonas Magner, speaking on behalf of Nexus Marine AB, commented: 'We are really excited to welcome Barker and Macalister to Nexus Marine. With their guidance and experience we are immediately adding extra impact to everything we do from now on. The extra credibility for this heritage brand and an even sharper focus on product design and development aimed at the very top end of yacht racing, something we’re already very good at...means we can only do it better, and who better to do it with!'

Richard Macalister adds: 'As much as his Emirates Team New Zealand commitments will allow, Dean (Barker) will be an active participant in helping to move the business forward and we’re both 100% committed to further building and enhancing the brand profile in the professional yacht racing arena.'

In tandem with the arrival of Barker and Maclister, Nexus bids a fond farewell to Tony Kent who is retiring from his role as Chairman, having led the company through the major transition from the Silva Group in 2006/2007 to introduce the new Nexus corporate identity. With this came the job of familiarising the market and its customers with the new name and branding. The process of explaining the separation of Silva and Nexus continues, but the message is now familiar to the vast majority operating within the marine electronics world, and it has been reinforced by the plethora of Nexus products being launched during 2007/08.

On his retirement, Tony comments: 'It is fabulous to see the work of the last three years being recognised and rewarded in such challenging times. The new owners bring a valuable synergy to Nexus and it’s exciting to know that their positive ‘can do’ attitude is taking the business forward.'

Tony Kent has been replaced at Nexus Marine by a new General Manager, Greg Franc de Ferriere who was an employee at Kiwi Yachting Consultants and recently finished his MBA at Auckland University. Macalister and Barker will not be involved in the day-to-day running of Nexus Marine.

Maintaining a high profile at regattas
The new management team is coming in at a pivotal time in the Nexus Marine story. The sponsorship of high profile events including Kieler Woche and Cowes Week, the great results of boats around Europe and the southern hemisphere equipped with Nexus instruments, and of course the extensive programme of regatta support, have all made a massive contribution to keeping this brand in the public eye and reinforcing the association of the Nexus brand with the very best in yacht racing.

Electronics and other equipment from Nexus Marine can be found on leading racing boats throughout Europe, the USA and throughout Australasia. Many thousands of cruising boats also fit Nexus for the high standards of quality, customer service and good looks that are synonymous with the Nexus brand.

www.nexusmarine.se




by Peta Stuart-Hunt

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=54334

10:26 AM Thu 26 Feb 2009 GMT






Click here for printer friendly version
Click here to send us feedback or comments about this story.


Related News Stories:

30 Apr 2011  Boatyards and their liability - can they contract it away?
11 Jan 2011  New Solas Life Jacket Light from Burke Marine
15 Dec 2010  Product of the Week: Freshield vacuum seal packager
17 Nov 2010  Intellian Appoints New Director of VSAT Sales for The Americas
24 Jun 2010  Doyle Sails announces a major expansion in Sydney - loft re-opens
01 Dec 2009  Salthouse Marine – moves closer to the water
28 Mar 2009  Last chance to list in the Who's Who of Yacht Racing
02 Oct 2008  Line 7 announce exclusive Coastal Classic range
18 Sep 2008  52m ketch Mondango launched
31 May 2008  TracPlus onboard with Auckland to Fiji yacht race
MORE STORIES ...

News - USA and the World





2014 Pacific Cup - Scarlet Runner wins by Vanessa Yates, Hawaii






























































Marina Rubicón Round Canary Islands Race - First blood to Team Brunel
ISAF Youth Match Racing Worlds - Competition heats up on day 2
Laser Radial World Championships - Competition aplenty on day 3 +Video
Extreme Sailing Series - Penultimate Act to take place in Nice
Leukemia Cup - Images by Leighton O'Connor
Maxi Yacht Rolex Cup - Meeting of the grand designs
29er North American Championship - Final series kicks off
29er World Championship 2014 set to start in Kingston, Ontario
Barcelona and Parnu chosen for 2015 ORC championship events
2014 Race for Rady Yacht Race - Benefiting Rady Children’s hospital
CMRC Summer Invitational Series - Doubleheader events start tomorrow
BIC Techno 293 Worlds 2014 - Day 3
Sailing through STEM Night at California YC
Six Metre European Championship - High temps and little wind on day 3
Women’s Match Race Golfe du Morbihan - Light wind opener in Vannes
International Moth Worlds: Rashley ahead as Aussies close in
Brewin Dolphin Commodores' Cup - Unsatisfactory conditions on day 4
ISAF Youth Match Racing Worlds - American unbeatable on day 1
RS Feva World Championships - All set at Yacht Club de Carnac
ISAF Rolex World Sailor of the Year Awards - Nominations now open
BIC Techno 293 Worlds - Steady winds on day 2 + Video   
29er North American Open Championship - Qualifying series wraps up   
Opening ceremony O'pen Bic World Cup, Travemunde Week, Germany   
Six Metre Europeans - Wind fails to make an appearance on day 2   
Edgartown Race Weekend - Let the sailing (and good times) begin   
ISAF Youth Match Racing World Championship - Action commences July 23   
International Moth Worlds - Mothballed on day 4 + Video   
Brewin Dolphin Commodores' Cup - Ireland remains out front   
Spirits high as Team Alvimedica completes Transatlantic crossing   
Gladwell's Line: A change of direction needed in the America's Cup *Feature   
29er North American Championship - Day 1 in Kingston   
Red Bull 49erFX: First look at the Olympic sailing venue at Rio   
Fuerteventura Kiteboarding Grand Slam - Classic conditions on day 3   
NYYC Race Week Part II images by Rolex/Daniel Forster   
Drowning or electric shock? What you need to know to help save a life   
BIC Techno 293 Worlds 2014 - Day 1   
Six Metre European Championship - Blazing sunshine on opening day   
National Sailing Hall of Fame to present Lifetime Achievement Award   
Brewin Dolphin Commodores' Cup - Tactical evening ahead for the fleet   
International Moth Worlds: Greenhalgh and Rashley tied at the top   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT