Gill Technical Clothing

The undisclosed sum of money paid to Douglas Gill International to YFM Equity Partners is intended to back their existing management team. Gill was established in the 1975 by Nick Gill who started up the business in his father's Nottingham lace factory.

The Gill business makes technical sailing clothing and accessories and exported to more than 35 countries and last year and won the Queen's Award for Enterprise for International Trade. Gill employs more than 40 staff at its Long Eaton site.

As part of the deal, Steve Richards will be joining Gill as non-executive chairman. He is currently chairman at QualitySolicitors and Waterbabies and was previously chief executive of Interflora and managing director of Manchester United Merchandising.

The management team includes managing director John Deverill, who has been with Gill for 16 years, sales director Bryan Stewart and product director Matt Clark. Nick Gill will be a non-executive director in the company after the transaction with YFM.

YFM director Paul Cannings said: "This is a strong management team that has delivered growth for the past three years in a difficult retail market. With our financial and strategic support we will help the team develop the brand further and increase its market share in existing and newer markets."

Gill managing director John Deverill added: "It has been a great pleasure to work with Nick and the team as we developed Gill into a premier international brand of sailing apparel. With Steve, Bryan, Matt and the team at YFM Equity Partners we are excited by the opportunity to continue to develop and invest in the brand and increase our
international market share."

Related Posts

NMMA Canada’s Day on the Hill event hits a new high in 2024


While the Day on the Hill lobby session has been a key activity for NMMA Canada for many years now, I feel that the event hit a new high in the 2024 session in Ottawa on May 27 and 28th.

Lead by Executive Director Marie-France MacKinnon and executed by her team and their public affairs firm, BlueSky Strategy Group, the results were impressive. The NMMA Canada Board of Directors were organized into teams with business interests and special skills matched up to politicians and senior bureaucrats to most effectively present the marine industry’s agenda of issues. 

Read More

Need to Catch up on News This Week?

Every Tuesday we publish a fresh Digest with informative articles pertaining to the Canadian boating and marine industry. Stay up to date with the latest products, research and industry developments.

Missed an Issue of Boating Industry Canada News Week? If you’re looking for a specific issue, or simply want to catch up on previous issues, check out our Boating Industry Canada News Week Archives.

Not signed up for News Week? Subscribe here.

The Hydrobike, a key concept that embodies a vision for the future

DECATHLON, determined to erase the boundary between land and water, introduces its latest forward-thinking concept: the HydroBike. This innovation from the French sports giant aims to democratize access to nature while staying ahead in the transformation of their business model. 

The initial assessment: paddle sports are often inaccessible to less experienced individuals, assuming the acquisition of paddling skills.

Read More

Compass works when electronics don’t

Hubbell-Marine Stainless steel outlet covers

Even in the event of an onboard power failure, a Ritchie Navigation SuperSport Helmsman SS-1002 magnetic compass still works. Plus, when the vessel is moving slowly in fog or while trolling, it can do something a GPS can’t: show the actual heading in real time. As a back-up to modern electronics, it’s a vital navigational tool that belongs on every commercial and recreational boat.

Read More