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Boom! Cabrinha has been sold!

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alkiter
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Boom! Cabrinha has been sold!

Postby alkiter » Wed Feb 12, 2020 12:48 pm

Now this should be fun!

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Re: BOOM! Cabrinha has been sold!

Postby a99 » Wed Feb 12, 2020 12:55 pm

Who bought it ?

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Re: BOOM! Cabrinha has been sold!

Postby blackswan » Wed Feb 12, 2020 12:56 pm


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Re: BOOM! Cabrinha has been sold!

Postby fzonatto » Wed Feb 12, 2020 12:56 pm

Since english is not my first language I find quiet difficult to understand... the statment bellow is Pete Cabrinha in our out of the Brand ?

https://www.businesswire.com/news/home/ ... hjGZUOh7XE


Founded, inspired and driven by Maui-based waterman, Pete Cabrinha, Cabrinha Kites produces kitesurfing equipment for water sports adventure seekers. Pete’s approach to innovation has been the driving force behind our development philosophy, keeping the brand technically and culturally connected to our customers.

As of 2020, Cabrinha Kites is 100-percent rider-owned with passionate kitesurfer and Cabrinha family member Jon Modica as chairman. With our research and development center and brand headquarters located on Maui, the innovation ground zero of water sports, Cabrinha has played a ground-breaking role in the evolution of surf sports with its pioneering efforts in kitesurfing, tow-surfing, foil boarding, and wing surfing.

Over the years, Cabrinha has led the industry in innovation, performance, and safety thanks to a rider-focused approach to product development. With a distribution network in over 70 countries worldwide we focus on customer service and satisfaction. Producing products powered by a 100% renewable source (the wind), we continue to be socially connected to like-minded people who enjoy the water, are protective of the planet and are stewards of the ocean. www.cabrinha.com.

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Re: BOOM! Cabrinha has been sold!

Postby Onda » Wed Feb 12, 2020 12:58 pm

"uninhibited design and innovation now" W.O.W.!

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Re: BOOM! Cabrinha has been sold!

Postby flaviocu » Wed Feb 12, 2020 1:11 pm

@fzonatto: It seems that Pete Cabrinha together with an investment company (Water Bound Investments, which somehow belongs to Jon Modica) has bought the company back from the current owner (I assume the Pryde group which Cabrinha was part of according to their webpage at http://www.pryde-group.com/brands.html). They also hired a new CEO (Kent Marinkovic). So it seems that Pete Cabrinha is now IN more than before (Founder and Brand Director).

Hope it helps!
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Re: Boom! Cabrinha has been sold!

Postby Toby » Wed Feb 12, 2020 2:28 pm

here the official news:

viewtopic.php?f=1&t=2405597

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Re: Boom! Cabrinha has been sold!

Postby RickI » Wed Feb 12, 2020 3:16 pm

This is an exciting development, all success with this enterprise!

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Re: Boom! Cabrinha has been sold!

Postby pj sofine » Wed Feb 12, 2020 3:26 pm

Here I thought Pete owned the brand all along lol.

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Re: Boom! Cabrinha has been sold!

Postby SWO_kite » Wed Feb 12, 2020 4:02 pm

pj sofine wrote:
Wed Feb 12, 2020 3:26 pm
Here I thought Pete owned the brand all along lol.
LOL - Ditto... How ignorant we are!


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