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Sealine Sold

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In September the Oxford Investment Group announced that it had acquired UK-based boatbuilder Sealine from Brunswick Corporation for an undisclosed sum. Maintaining offices in Bloomfield Hills, Michigan, and San Diego, California, as well as in Paris, Shanghai, and Sydney and Melbourne, Australia, the Oxford Investment Group is described as a private investment and corporate development group that acquires majority equity positions on behalf of its principals in various business segments, including manufacturing. “We have been looking to enter the leisure marine sector for some years, and it was important for us to find the right business,” explained Selwyn Isakow, chairman of Oxford Investment Group, in a press release. “Sealine has produced some world-beating boats in the last five years, and their success with a rejuvenated brand in a difficult market is a fantastic story.” Sealine launched its newest model, the C48, at the 2011 Southampton Boat Show in September. For more information on Sealine’s range of models, go to click here.