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Wed 06 Jun 2010Sunseeker deal: Irish investors take majority stake in yacht manufacturer
IRISH INVESTORS, led by private equity players FL Partners, have taken a majority stake in luxury yacht and motorboat manufacturer, Sunseeker, for €30 million.
FL Partners, headed by Peter Crowley and Neill Hughes, confirmed yesterday it had joined forces with a group of Irish and British investors to provide £25 million (€29.9 million) in new capital to Sunseeker, in return for a significant majority stake in the company.
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