Staff at the Nord West group say 'it's been a shock for all of us'

One

of Scandinavia’s largest boat builders has gone into administration.

Staff

at Nord West & Najad in Henan on Orust have told of their shock at the

news.

The

company, which launched a new powerboat model at a boat show in Gothenburg just a few

weeks ago, was formed when the boat manufacturer North West in October 2012

purchased sailboat manufacturer Najad, bankrupt, 2011.

Nord

West sales representative Staffan Asp said it was hoped that the administrator

brought in would be able to find new investors to keep both brands within the

business going.

He

said: ‘The aim is to find new investors.

‘It’s

been a shock for all of us.’

The company’s website states that it has 134 employees has a turnover of approximately 300million SEK and is one of the most modern yards in Sweden

Uddevalla District Court granted the petition

for bankruptcy yesterday and appointed attorney Frederick Tengström to be the bankruptcy

trustee.