Danish sailmaker bought by private investors
Danish sail maker Elvstrøm Sails has been sold to a group of private investors led by former CEO of the company Claus Olsen and triple Olympic medallist and America’s Cup skipper Jesper Bank.
Elvstrøm Sails is currently the largest sail maker in Europe represented by over 50 dealerships worldwide. The company exclusively designs and manufactures all its sail products from its 5,700m2 production facility in Aabenraa, Denmark, the largest single sail production facility in Europe.
Elvstrøm Sails is standard supplier to some of Europe’s leading yacht manufacturers including Bavaria, Hallberg Rassy and other renowned boat yards. The company also produces custom cruising, racing and grand prix sails for larger yachts over 70ft including Oyster, Swan and Wally Yachts.