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Hot Topic Hawke’s Bay
General Business
4 mins to read

Radar 2018 profile: Auld Mug opportunity for spar builder

Southern Spars has an 80% market share of the world's superyacht masts.

Dane Ambler Fri, 18 Jan 2019

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Quick facts:

  • Builds masts (or spars, which can sell for up to $30m), booms and rigging.
  • Owned by the North Technology Group, a US-based business that invests in marine technology companies which also own North Sails, one of the largest sailmakers in the world. (Ultimately owned by

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Dane Ambler Fri, 18 Jan 2019
Contact the Writer: dane@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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