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T O P I C    R E V I E W
bigelowp Posted - 10/17/2025 : 13:38:31
This was in Sail magazine email blast:

"Just months after being purchased by Michael Reardon of Daedalus Yachts, Catalina Yachts has announced that they will cease production. The company cites “short-term financial challenges” for the reason and intends to return to building boats in the future. Significant concerns raised by employees suggest that major changes will be necessary."

I question if it was really financial problems as, from what I have heard, sales were reasonably strong. I fear another private equity firm overpaid and is cutting bait.

Frank Butler must be spinning in his grave!!!!!!
4   L A T E S T    R E P L I E S    (Newest First)
bigelowp Posted - 10/17/2025 : 14:38:36
So, if I were considering a Catalina, Beneatau, Jeaneaua, or other boat I would, with this information, stay clear of Catalina. I do feel sorry for the dealers!
bigelowp Posted - 10/17/2025 : 14:33:29
More news:
On April 30, Daedalus Yachts founder Michael Reardon announced that he and his company had acquired Catalina Yachts, but issues behind the scenes have now become public. After disgruntled employees of Catalina Yachts began sharing news on social media of missed payrolls and cancelled health insurance, Catalina Yachts President Patrick Turner released this statement:

"I want to share an important update directly with those who matter most to this company — our owners, future owners, and the broader sailing community that has supported Catalina for more than 50 years.

We have initiated a temporary production pause while we reorganize key areas of our operation. Like many manufacturers in today’s environment, we are navigating short-term financial challenges. Rather than pushing ahead in a way that could compromise quality or consistency, we have chosen to take a responsible pause while we finalize the support needed to move forward stronger.

This decision reflects our commitment to Catalina’s long-term health — not just the next boat out of the factory, but the thousands that already exist and the many more still to come."
bigelowp Posted - 10/17/2025 : 14:29:40
Dave,

Fully agree, but . . . .Catalina owns True North, power boats with those three 350 outboards, so what gives?
Stinkpotter Posted - 10/17/2025 : 13:53:43
Just got that, too. Startling! I had long thought of Catalina as the most solid producer this side of the pond, with such a strong reputation quality, design, and overall value. I guess there just isn't room on their transoms for the three 350 hp outboards everyone wants. (Even Hinckley is making the shift.)

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