New Owner of Performance Sailcraft Australia

Australian ILCA builder Performance Sailcraft Australia PSA has been purchased from long term owner the Spencer family of New Zealand.

The new owner is Jersey domiciled fintech entrepreneur Nick Ogden. Nick has a team busy re-establishing production and distribution having been approved by ILCA International as an ILCA builder. One of now nine worldwide.

We understand that under new owner PSA is in the process of;

• Setting up a new factory on the Central Coast of NSW
• Obtaining new ILCA standard molds and joining jig so all world builders will have molds from the same master
• Retaining experienced PSA ILCA building skilled staff
• Establishing a state based dealer network to support sales and the class

It will take time for fabrication, stocking and normal service to be establish following the sale of stock and closure of the old factory at Fountaindale.