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Spyder Engineering up for sale

PostPosted: Tue Jan 27, 2009 5:33 pm
by steveww
According to an article in Octane Magazine Spyder Engineering is up for sale :shock:

Anybody here want to buy it?

Re: Spyder Engineering up for sale

PostPosted: Tue Jan 27, 2009 7:17 pm
by marklowe
Is this the answer to the Spyder thread in ?free parking? last year?
:?

Re: Spyder Engineering up for sale

PostPosted: Wed Jan 28, 2009 10:00 am
by GrUmPyBoDgEr
The news doesn't come as much of a surprise to me (if it's true).
Back in the late nineties, when I had dealings with them they were struggling for new contracts.
They have built a variety or parts for differnet companies but I don't think any of their bigger projects really took off
e.g. "Spyder Silverstone".
The Elan chassis' & suspension parts has been the "backbone" of their business & as they mentioned back then, that is a limited market.
The increased desire for originalty in Elans will also be having an effect on their business coupled with the present economical enviroment.

My advice is that we should all of us buy a Spyder Spaceframe now :D
But joking apart they do make life easier when working in the engine bay :wink:

Cheers
John

Re: Spyder Engineering up for sale

PostPosted: Wed Jan 28, 2009 12:44 pm
by theelanman
Im guessing that my old project +2 that andy bought off me back in july last year wont be back on the road again then :(

Re: Spyder Engineering up for sale

PostPosted: Thu Jan 29, 2009 12:13 am
by elansprint71
steveww wrote:According to an article in Octane Magazine Spyder Engineering is up for sale :shock:

Anybody here want to buy it?

Steve,
Can you point me to which page in the magazine? Jiggered if I can find it.
If they're on the skids, I'll order a (nother) chassis tomorrow.

Re: Spyder Engineering up for sale

PostPosted: Thu Jan 29, 2009 9:33 pm
by RichardS
Pete

Page 130

The article says that the "thriving company" is up for sale due to the retirement of the owner Geoff Price who has owned the company since 1973. He must have been very behind the scenes - I remember Vic Moore from the 1980s and Andy is the main man now - but have never heard of Geoff Price!

Richard

Re: Spyder Engineering up for sale

PostPosted: Fri Jan 30, 2009 4:42 pm
by mikealdren
As one of those building Zetec cars, I certainly hope the business is thriving and Andy will keep it going.

If not, we need to keep an eye open for a closing down sale to get all those necessary parts. How we would manage without Andy's knowledge is another matter altogether.

Mike

Re: Spyder Engineering up for sale

PostPosted: Fri Jan 30, 2009 4:48 pm
by trw99
It does say that they are in discussion with a Lotus enthusiast who is interested in buying the company. If so, that will be a good move for the Elan community. However, many a slip twixt cup and lip.....

Tim

Re: Spyder Engineering up for sale

PostPosted: Fri Jan 30, 2009 5:47 pm
by niallf
Spyder have always seemed a bit wierd to me, as in I've dealt with a couple of others there, but Andy is the real 'face' of Spyder, though he didn't seem to be anything to do with the ownership. I hope Andy can fund an MBO or something, without him there is no Spyder, IMHO.

They do work for other low volume manufacturers, I think. I seem to remember getting boxes of bits with old labels for Radical and others.

Niall

Re: Spyder Engineering up for sale

PostPosted: Fri Jan 30, 2009 7:35 pm
by JJDraper
It certainly looked thriving to me when I visited a couple of weeks ago.

Jeremy