Fairline had been late last year to Arrowbolt Propulsion Systems by its previous majority stakeholder, private equity firm Hanover Investors.
More than 100 employees were reportedly made redundant following the sale, which gave Arrowbolt at least 75 per cent of the company’s shares and voting rights.
Fairline presently has 17 yachts under construction, though dealers expect these vessels’ completion and deliveries will be slightly delayed.
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