Sailcloth and hardware manufacturer undergoes a management buy-out

United Kingdom
23rd July 2020

Sailcloth and hardware manufacturer undergoes a management buy-out

The UK’s Bainbridge International, a well-established sailcloth and hardware manufacturer, has been acquired by MD Andrew Smith, with the help of outside investment and the support of the management team.

Andrew Smith has been with Bainbridge for six years, bringing with him a wealth of experience in textiles in general, and sail-making in particular, both technically and practically. He has been instrumental in returning the company, which was established in 1917, to its roots as a sailcloth and fabric specialist, and he now plans to develop the range further and continue investing in developing new materials.

Andrew Smith commented:

The restructure sees the retirement of Jan O’Connor, who has been with the sailcloth and hardware manufacturer, one of the world’s oldest, for over 12 years and the owner for the last six years.

Jan O’Connor commented:

Alongside the sailcloth, Bainbridge says it plans to continue to develop and invest in their AquaMarine brand along with the supply of a wide range of marine products. In the UK Bainbridge already distributes a wide range of brands for the marine aftermarket and OEMs.

Jan O’Connor continued:

Gavin Lacey will remain as the company’s commercial director. Laurence Mead, who provided the investment for the acquisition, joins the board as non-executive chairman.

About Bainbridge International


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