So far, no details or prospects for negotiations have been reported. However, the management of the British company expects the offer to be received in the near future. The company is now also busy restructuring its debt obligations.
Amid reports of the sale of the business, Reymarine Holdings shares rose from 1.6 to 4.0 pence per share.
In November-December 2009, the company was already on the verge of concluding a deal with American manufacturer of navigation devices Garmin. But closer to the new year the deal was upset for unknown reasons.