North Technology Group, whose brands include North Sails and Southern Spars, has added Doyle Sails and Quantum Sails among its marine brands.
Doyle and Quantum will continue to operate independently, retaining their own brand identities and competing for market share. Each business will continue to manage its own lofts, sales and marketing teams, and product suites.
Ownership by North Technology Group is intended to give the Doyle and quantum brands more financial security and resources to improve and offer better experiences for sailors.
“North Technology Group is passionate about the sailing industry, and with big ambitions and a relentless drive we are continuously evolving,” North Technology Group CEO Sam Watson stated in a press release. “We see a real opportunity for growth and development by bringing Doyle Sails and Quantum Sails into the NTG family.”
Quantum Sails President Ed Reynolds added: “At Quantum, we’ve always focused on providing the best-performing products and customer service in sailing. We have a rich history in the industry and our sails have donned some of the most premier boats in sailing. We look forward to working within the NTG family to help sailors at all levels to continue enjoying the sport they love.”
Doyle Sails CEO Mike Sanderson further stated: “After eight years at the helm, the decision for Doyle Sails to combine forces with NTG was a ‘no-brainer’ for David Duff, Richard Bouzaid and me. It ensures the longevity of the brand we are so committed to; it will keep challenging innovation in sailing, and it brings significant opportunities for our team, sailors, and customers. I could not be more excited about leading Doyle Sails into the next chapter and chasing the next challenge.”
When was North Technology Group founded? In 1957, after Lowell North started North Sails in his San Diego garage.
Where to learn more: click over to www.northtechnologygroup.com
