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

Sealegs owner takes a bath on Sillinger sale

‘Dislocation’ from Covid-19 blamed for sale decision.

Tim Hunter Wed, 23 Dec 2020

Boatmaker Future Mobility Solutions has announced the sale of its stake in French military supplier Sillinger at a loss for a net consideration of €900,000 ($1.6 million).

FMS bought 70% of Sillinger in August 2017 for €2.1m, comprising €1.5m cash and €0.6m in FMS shares at 25c a

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Tim Hunter Wed, 23 Dec 2020
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Sealegs owner takes a bath on Sillinger sale
General Business,
86034
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