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Bob Ranft writes August 2006 Many long-term Prout owners were very saddened at the demise of Prout's, many Prout owners looked forward to their copy of the Prout magazine - Prout World, used to be a very good read. Not surprised they went under, and not for the first time either, how can Brit boat builders who basically mold / build boats by hand compete with the continental yards building boats on conveyor lines. Not sure if you know, they went under - under a cloud. Prout's closed down one day - owing thousands to their suppliers, and Broadblue Catamarans opened up the next day with the same MD - complete with the molds for the Prout 38, Prout 46. Think the Broadblue 42 / 43 was well on it's way to being the next Prout boat.
Used to own a Prout Ranger
31 (also called Macska) that was built from bare moldings. Owned this boat
for twenty plus years, then sold it when I went to work in South East Asia
18 years back. Kept my hand in by chartering Prout cats in Turkey, company
called Crusader Yachting had the full range of Prout cats out there.
Crusader yachting went the journey when Prout's went belly up - but the MD
is still in the game working with Broadblue Catamarans. Had some great
holidays in Turkey. Bought the Snowgoose four years back as a retirement
project. It's been gutted - but it's well on the way. I've got a few days to
go here in Cairo - tens days or so in the UK working on the boat then off to
/ or back to China. Hoping this will be the last year working away so I can
finish the boat and start to live again.
Mike Davidson writes in August 2006
As the subject of Prouts demise has been
raised I believe it is only right that owners should know at least a
general outline of what happened.
Prouts were in fact as far as I am
aware, very successful in growing their business both in the UK and
export markets, and were starting to develop a complete new range of
boats. The Prout 38 had been produced and some sold by that time and
I am not sure if the 42 had come out or not at that time but was
certainly imminent. I believe that it was seen that to move into
high volume production greater capital investment was necessary and
the company was sold to an American group that, as I understand
it, promised to provide this capital. I am not quite sure of the
details, but I think that this American group then fell into
difficulties themselves and decided not to invest, but to close
Prouts. I believe that this was a shock to the then MD of
Prouts, Rob Underwood, and there was certainly a period of crisis
between the UK management and USA group that resulted in Rob taking
the moulds of the 38 to Norfolk and starting up as Broadblue Marine.
As I understand the situation, the closure of Prouts was not Robs
choice and all issues between creditors etc of Prouts were issues
dealt with by the new owners not him. Several key workers from
Canvey Island, joined Rob in the new venture and it does in fact
appear that they are now getting to be very successful again. The
Prout 38 now renamed the Broadblue has been developed further and I
believe the 42 and others are doing well too. They are certainly
superb boats and if I ever win the lottery I will invest in one
myself. With this in mind, it would be worth considering if we want
to open our new "association" to Broadblue owners too. Clearly if
you have a Prout built 38 it is the same boat as the Broadblue so
why not?
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