Gill sells majority stake in clothing brand
Published on October 1st, 2013
YFM Equity Partners (YFM) has backed the management buyout of Douglas Gill International Ltd, better known as Gill, reports BoatingBusiness.com. Nick Gill, chairman of Gill, has sold a majority stake in the business to YFM for an undisclosed sum to back the existing management team. Founded in 1975 by Mr Gill, the company has become a leading international brand in the technical marine clothing sector, selling in 37 countries worldwide.