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South East company takes top honours at Paris Boat Show

Mark Merritt, Formula Yaht Spars

The winners of the second Laureat Nautique Franco-Britannique Award were announced during the Paris Boat Show last month. Overall winners were South East company Formula Yacht Spars and their French partner Black Flag Composite. The Franco-British award is supported by the UKTI and organised by the British Marine Federation (BMF) and Federation des Industries Nautiques (FIN) and recognises marine companies from France and the UK that have entered into successful partnerships.

Formula Yacht Spars, based in Lymington, Hampshire and Black Flag Composite of Mudaison, Montpellier were recognised for having shown a strong corporate drive to create strategic alliances, build expertise and knowledge across borders. The partnership has led to impressive growth in turnover, improved client service and enhanced credibility in the market place.

The partnerships between Performance Sailcraft (UK) and Direct Sailing (France) and Barton (UK) and Plastimo (France) also received highly commended recognition from the judges during the evening’s celebrations.

Toby Allies, Director of International Development at the BMF commented, “Formula Yacht Spars and Black Flag Composite are a great example of how companies can create new partnerships to drive forward innovation, deliver better service for clients and provide exciting opportunities for their staff. The BMF looks forward to continuing working and supporting them and all the highly commended companies as they continue to develop their businesses in the highly competitive international leisure marine market.”

Mark Merritt, Managing Director of Formula Yacht Spars, added, “This award was a real bonus in an exciting year for Formula in which we have undergone considerable change and expansion. The acquisition of Black Flag Composite, a specialist composite spar maker in Southern France, has given us an important foothold in an extremely active market and strengthened our team of composite experts. This award has come as a very pleasant surprise to us and is in effect only the beginning. It is also a strong indication that we are now a formidable force in the European market and we are looking forward to the New Year with considerable enthusiasm”

For more information contact Rebecca Jackson at the BMF on 01784 223627.

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Posted 2006-12-22 11:37:12

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