Ronstan acquired by Wichard Group
Published on November 8th, 2023
The Wichard Group, which specializes in the design, manufacture, and distribution of products for the marine OEM, aftermarket and industrial markets, has acquired Ronstan, a leading Australian manufacturer of high-quality sailing equipment, industrial and architectural products.
Founded in 1953 by Ron Allatt and Stan Lenepveu and headquartered in Braeside, Victoria, Ronstan is renowned for its expertise in the design and manufacture of blocks, winches, track systems, and other essential equipment for sailing, boating and water sports.
“With Ronstan becoming part of the Wichard Group, we have achieved a major milestone in the development of our strategy as a manufacturer and seller to the global marine and safety sectors,” explains Jean-Claude Ibos, president of the group.
The Wichard Group includes Wichard, Profurl, Sparcraft, Facnor, Lorima, Peguet/Maillon Rapid and Courant. The Wichard Group is owned by the French private equity firm Azulis in association with part of the management.
“We are now in a position to meet the needs and expectations of our customers worldwide with a comprehensive range of products and expertise,” adds Ibos. “This strengthens the consistency of our positioning based on performance and safety.”
With the acquisition of Ronstan, the Wichard Group now has over 550 employees worldwide and a turnover of €100 million. This acquisition is also an excellent opportunity to strengthen the group’s position in its historic markets by offering a comprehensive product range. This already included aluminium and carbon masts, sail furlers, deck fittings, safety equipment and ropes. It will now include a range of winches, tracks, blocks and other accessories.
The Wichard Group is becoming the owner of Ronstan International Pty Ltd, which remains the parent company of all Ronstan Group companies. The management of Ronstan will be continuing in their current positions and many members of the management team remain invested in the business through their shareholdings in the Wichard Group.