3i mulls sale of Fairlane

3i may be looking to sell boat manufacturer Fairlane, which it failed to offload two years ago, according to reports.

The private equity investor has hired advisers from Deloitte to look at options for Fairlane, which may lead to its sale.

3i acquired the firm in a 2005 management buyout, and hired Cavendish Corporate Finance to sell the business in 2008 for £100m but was unsuccessful.

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