Private equity firm considers selling Fairline

The finance company behind Fairline is looking at "strategic options," including selling the Oundle-based boatbuilder

Fairline could be about to change hands if 3i, the private equity firm behind it, has its way.

In a statement this morning, Fairline confirmed that its directors are working with 3i and financial advisors Deloitte and are considering a number of “strategic options” for the business.

In 2008 financiers 3i hired Cavendish to find buyers for the

boatbuilding company for an estimated £100m but the plans never went

ahead. This followed a planned management buyout in 2005.

Derek Carter, CE0 of Fairline Boats, said that it was still very much “business as usual” and that these discussions would not affect the new models currently in production.