Now you see it, now you don’t...(Holt)

It seems that Jack Holt Ltd went toes up in February, and has been bought out by Holt Marine Ltd, a company which appears to feature much of the same management!

I don't pretend to understand this finance lark, but I do wonder who loses...

http://www.boatingbusiness.com/news101/Chadwick-Beecher-Moor e-bought-Holt

http://www.moorfieldscr.com/index.php?cID=62

http://www.companiesintheuk.co.uk/ltd/jack-holt

Jim C

Edited by JimC

They were owed a fortune by those kind folk at Laser apparently, you're
a bit behind with this news, it got reported in the Rumours thread
before the dinghy show.

They are or were also suffering from the fall out with Allen Bros who
have now gone UDI following Holts brief but catastrophic affair with
Brazillian production (why Brazil I wonder, there are better sources of
quality manufacturing).

Anyway, my take on it, if ever an example of how not to do it exists
that's one of them, and if it were me I'd do my utmost to reform the
Holt-Allen alliance, someone should buy both outfits, knock their heads
together and do something about their image, neither of which is great
to the johnny come lately eye compared to the Harken, Ronstans of this
world.

In reality this country leads the world at the sharp end of competitive
sailing, conditions have never been better for a local manufacturer to
export, what a shame the business part of it is mired in its fifties
attitude, it makes you weep to watch it.

The latest Allen fittings (cleats,blocks) work as well as Harken in my experience. Getting away from Holt seems to have rejeuvenated them.

That said, Holt did supply a lot of handy 'cooking' parts and I'd hate to lose them. Hopefully they've learnt not to export their production unwisely and will now get back on track.

Hi all

I've had to delete the last three posts made as they were libelous.

Best Regards, Mark

Hi Keith

Now that you have qualified the statement it is not libelous.

Best Regards, Mark