MIDDLETOWN – Hood Sailmakers of Middletown has been acquired by Quantum Sails, a Michigan-based company, Quantum announced on Monday.
Quantum has acquired both Hood’s sailmaking rights and manufacturing assets.
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“This acquisition provides much-needed capacity for our growing share of the Grand Prix racing market,” Ed Reynolds, president of Quantum Sails, said in a statement.
“The Hood and Quantum brands are synonymous with performance and quality,” Hood CEO Rob MacMillan said in the statement. “In addition to becoming a leader in the Grand Prix and Superyacht markets, Quantum is very strong in the markets served by Hood Sails; our customers will have access to the customer service and support offered by the Quantum Sails network.”
Reynolds also said Quantum will uphold the terms of warranties held by owners of Hood sails. “We value the long-term relationships Hood has with its customers and will continue the legacy of service and support for which Hood is known. We look forward to introducing Hood customers to the Quantum brand as well,” he said.
According to a representative for Quantum, all six employees of Hood Sailmakers have chosen to stay on with Quantum, including MacMillan, who will serve as Quantum’s regional manager.
When asked if Quantum is hiring in the area, the representative from Quantum said she was not sure, however noted that “Quantum is always looking for sailmaker talent.”
The Hood loft in Middletown will become the home base for Quantum’s sales and service operations in New England.
Quantum declined to disclose financial details of the sale.
Chris Bergenheim is the PBN web editor.
