“The merger will create a combined entity with over 350 staff that will be better equipped to compete on the world stage, supplying a comprehensive range of high quality carbon fibre masts, booms and carbon rigging to meet the demands of all market sectors,” Southern Spars said in a statement.
Southern Spars specialises in the design and construction of carbon fibre spars and components, rigging, and rig servicing.
Nordic Masts has extensive experience in manufacturing quality carbon masts for comparatively smaller race boats, performance cruisers, and cruising yachts in Europe.
Southern Spars group general manager David Glen said that the company had been looking for some time to both increase its presence and commitment to the European market, as well as expanding its product offering in carbon masts and carbon rigging.
“We now will have the opportunity to collaborate with the team at Nordic Mast who have considerable experience and presence in the European smaller race boat, performance cruiser, and production cruiser markets,” Glen said.
Source: Southern Spars