Sail takeover
NTG adds Doyle Sails and Quantum Sails to its roster of best-in-class brands.
09 August 2024
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North Technology Group (NTG) continues to expand its family of best-in-class marine brands by adding two of the world’s most respected sailmakers, Doyle Sails and Quantum Sails.
The respected sailmakers will sit alongside other NTG brands, including North Sails and Southern Spars.
As part of NTG’s diverse portfolio of world class businesses operating across the sailing and ocean lifestyle industries, Doyle and Quantum will continue to operate independently, retaining their unique brand identities and competing for market share. Each business will continue to manage its own lofts, sales and marketing teams, and product suites.
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The NTG ownership structure will provide each brand with the freedom, financial security, and resources to continuously improve and offer better experiences for sailors.
NTG CEO Sam Watson said: “North Technology Group is passionate about the sailing industry, and with big ambitions and a relentless drive we are continuously evolving. We see a real opportunity for growth and development by bringing Doyle Sails and Quantum Sails into the NTG family. We look forward to welcoming their customers and our new colleagues on this journey.”
Quantum Sails President Ed Reynolds said: “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 said: “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.”
NTG Chairman Peter Dubens said: “NTG are long-term supporters of sailing. We want to grow the sport by investing in skills and innovation, by supporting new technologies in sailmaking, and by committing to accomplishing all this in a sustainable way.
“In Doyle and Quantum, we have found two brands and businesses that support our values and goals. We’re pleased to be partnering with Mike, Ed, and their teams, as we work together to promote the future of the sport we love so much.”
Quantum Sails will continue to be led by Ed Reynolds and Andrew Scott, and Doug DeVos will remain involved in the business, and as an investor in NTG. Mike Sanderson will continue to lead Doyle Sails.
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