Yanmar Acquires Leading Sailboat Propeller Manufacturer Flexofold

Europe
5th December 2017

Yanmar Acquires Leading Sailboat Propeller Manufacturer Flexofold

Company: Flexofold, Yanmar
Business Type: Manufacturer

Yanmar has announced that it has reached an agreement on the acquisition of 100% of the shares in Flexofold ApS (“Flexofold”) further expanding and strengthening its position in the recreational marine industry.

Flexofold, located in Denmark, is a global leading developer and manufacturer of superior low-drag folding propellers for sailboats and multihull yachts and was established in 1992 by navigator Jack Skrydstrup, who started developing folding propellers after many years of experience in hydrodynamics.

Helly Hansen

Flexofold will retain its distinct brand identity and continue to operate from Denmark. Jack Skrydstrup will remain employed at Flexofold as a special adviser focusing on R&D and product development.

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