Announced during the recent Southampton International Boat Show, the shipyard revealed that the Hanover acquisition has resulted in a £6 million investment during 2022 to kickstart the six-year process.
Setting out goals to increase the production capacity in order to deliver 60 percent more boats compared to 2021, the development plans pan out to 2028 and are set to see the British fleet increase with new models on the horizon.
Claiming order books are currently valued at £125 million, Fairline should have the capital and momentum to deliver what is a large leap in projected productivity.
The investments made in new products underpin our future growth and we've got an exciting period ahead of us.
CEO
Fairline
Showcasing the flagship Squadron 68 during the Southampton event at Mayflower Park, there's some indications that the updated finishing touches seen on the model will in fact make their way through the fleet of Fairline yachts for sale during the development program.
Already working to expand its international reach, multiple dealership appointments have been processed in Florida, New York, Quebec, Queensland, Mallorca and Denmark.
Plus with the next phase of development apparently in the final planning stages, 2023 looks set to introduce the new Targa 40 Mk 2 and the Squadron 58 Mk 3.
To find out more about the Britsh fleet, take a look at all Fairline yachts for sale. Or for more inspiration, view all yachts for sale.
