Global BSI and Global RSI (formerly Global Rigging and OYS Service, Inc., respectively), manufacturers and service providers for large-yacht rigging systems, have reported strong gains in share-of-market since their 2005 and 2006 acquisitions by The BSI Group of Haderslev, Denmark, a statement released by the company claims.
“We’ve experienced remarkable business success in spite of world and industry economic conditions,” reports Jorgen Seeberg, CEO of the BSI Group. “Our service and refit division has grown from approximately 5 per cent market share to over 50 per cent, and we just recently completed our 100th superyacht rig refit. In the new-build, superyacht rigging market, growth has been equally strong with projects such as the Alloy Yachts 58.4m (191ft) sloop Kokomo III, in conjunction with Southern Spars. In the growing composite-rigging market we have been involved as suppliers of metal interface components on projects such as Royal Huisman’s 57m (187ft) ketch Twizzle (with Southern Spars/Composite Rigging) and Vitters’ 55m (180ft) ketch Marie (with Southern Spars and Future Fibres).”
Ulf Josefsson, manager of the Superyacht Custom Sales Division, announced that the two US-based divisions are being renamed, and will operate under the BSI Group banner. “Taking on our parent company’s name is a logical progression,” says Josefsson. “There’s been some confusion over the three companies and their relationship to each other. Combining the three under a strong single corporate name will greatly improve our brand recognition, and more accurately reflect the global status of the company. Beyond the name change, customers will see no difference in the company’s operations. All of our professional staff remains, and our primary and satellite service centers will remain intact.”
The BSI Group specializes in the engineering and manufacture of premium rod rigging systems for sailing yachts, wire rigging systems, as well as hatches and port lights under the Moonlight brand. Manufacturing and assembly facilities are located in Haderslev, Denmark, with distribution and assembly in Portsmouth, Rhode Island, and Riviera Beach, Florida, USA.