Introducing Victor Boats

Musto Performance Skiff producers set up new company

Thursday May 26th 2005, Author: Rick Perkins, Location: United Kingdom
The former management team at Devoti Sailing UK Ltd. have conducted a management buy-out of the Musto Performance Skiff business and are now trading as Victor Boats Ltd.

This will mean the same great service from the same people, but a different company name. But, it will also mean more time and investment in the class. The hulls will of course still be manufactured by Ovington Boats.

"The management team of Victor Boats is 100% of the same team as Devoti Sailing UK Ltd; it's the same people working on the Musto Performance Skiff project; but with more time and focus to further develop the class." said Tim Tavinor MD of Victor Boats and former MD of Devoti Sailing UK Ltd.

Devoti Sailing are rationalising the regional offices and with a business focus on continental Europe Devoti Sailing chairman Luca Devoti has made a strategic decision to focus the companies resources where the majority customer base are located. This has lead to the decision to close the UK office in Burnham-on-Crouch from 1 July 2005.

The UK office have been responsible for the world wide development of the Musto Performance Skiff class to date and it made a lot of business sense for that to remain based in the UK as 50% of the sales to date have been to UK customers. To accommodate that the Devoti Sailing UK Ltd management team of Tim Tavinor, Paul Manning and Kay Tavinor have conducted a buy-out of the Musto Performance Skiff part of the Devoti Sailing UK Ltd. business and will be trading from today as Victor Boats Ltd.

Paul Manning, Operations Manager, at Victor Boats said "It's people that make a business and sailors who make a class; I have enjoyed greatly working with the Musto Performance Skiff sailors and look forward to maintaining that relationship and having more time to dedicate to further promoting the business under the banner of Victor Boats"

The Musto Performance Skiff project started in 1999 and in that time the class has grown and grown, with 2005 already being a record year for sales after just six months. With the new company structure the team at Victor Boats will have more time to dedicate to the development of the class.

Nigel Musto, MD of Musto Performance Clothing said "the class has grown beyond my expectations over the last couple of years and it's great to see management continuity and greater focus to continue that progress. The Musto Performance Skiff is a great ambassador for the Musto brand and I will look forward to seeing it grow further under the Victor Boats management team. Many people have shown interest in the Musto Performance Skiff being submitted for Olympic consideration; when Devoti Sailing 'owned' the class that would have always caused a conflict of interest with the Finn; Victor Boats don't have any such constraints so I look forward to an even brighter future for the class".

Victor Boats first steps will be to educate all the current and prospective owners that it is business as usual. There will be the same people doing the same things but there will now be more time and focus on the development of the class world wide.

Paul Clarke, Chairman of the MPS Class Association said; "the class is very happy about the Victor Boats management buy-out; we can expect to continue to receive the same great customer service from Paul and the team and the class will also benefit from the increased focus that the team will be able to provide under the Victor Boats banner"

Victor Boats will continue to be based in Burnham-on- Crouch, Essex; and will be available on a new telephone number: 01621 786866.

In summary Tim Tavinor said "We have thoroughly enjoyed working with Luca Devoti but understand the reasons for needing to close the UK office; this presented the former management team with a great opportunity to purchase and develop further the Musto Performance Skiff business. With more time and resources to apply to the project and no possible future conflicts of interest over Olympic selection the future for the class has never been better. Victor Boats has the full support of our key partners in the project; Ovington Boats, Hyde, Selden, Harken and Musto so the conditions for future business look great."

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