Wellington’s Windsome Farms Under Contract to Helgstrand Dressage as USA Sales Center
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WELLINGTON, Florida, Dec. 26, 2019–Windsome Farms, a showcase equestrian estate that has been for sale for more than a decade, is reported to be under contract to Helgstrand Dressage of Denmark to become a permanent sales center in Wellington.
The farm with 52 horse stalls on 80 acres/32.2ha was on the market for $25/€22.5 million. The Atlantic Western Companies reported the property in the heart of Wellington’s equestrian preserve was under contract.
The sale of the farm was expected to close early in 2020. The Helgstrand sales operation based in Aalborg and founded in 2008, will operate the USA business for the 2020 winter circuit in Wellington from a farm it has leased the past two seasons under the management of Dr. Ulf Möller. Sixteen horses have been shipped from Denmark to Wellington for the season.
Wellington is the home of the Global Dressage Festival, the Winter Equestrian Festival and Deeridge Farms of jumpers and hunters and International Polo Club.
The equestrian estate includes a large barn and a grass grand prix field with natural jumps and hills, in addition to owner’s and a riders’ lounges, each equipped with bathrooms and kitchenettes. It includes three training rings, 16 grooming stalls, six wash stalls, a tack room, a bridle path that surrounds the property and four man-made lakes.
The property was built in 1995 and has been on and off the market in recent years, asking as much as $42.5 million in 2016.
Helgstrand Dressage and Paul Schockemöhle of Performance Sales International of Germany came to a cooperation agreement on sales and breeding in 2018 shortly after Helgstrand was the dressage title sponsor at the World Equestrian Games in Tryon.
Earlier in 2018, Helgstrand Dressage and Waterland Private Equity formed a financial partnership. Waterland became the majority shareholder in Helgstrand Dressage that has annual revenues of more than €50/US$55.5 million.