Company: Kevin Mole Outboards
Business Type: Marine Engineering
UK & International Business Sales and M&A News
Kevin Mole Outboards has been purchased by new owners.
Kevin Mole Outboards deals in the sale, installation, routine service and parts supply of outboard engines. The business, based in Cowes, also provides performance diagnostics and support to its clients, including a number of professional sailing teams, the UK Government and the RNLI.
Kevin Mole Outboards was founded in 1987 by Kevin Mole who, with his passion for engines and boats, wanted to provide a dedicated service for boating enthusiasts with a reliable servicing and maintenance program for their vessels.
Kevin sees the sale as a time for the business to expand and develop.
He commented:
“The new owners, Jason Field and Tom Wilson, will bring a new lease of life to the business, bringing expansion and embracing new technology. I am excited for the future growth of KMO.”
Kevin Mole - Founder of Kevin Mole Outboards
However, he is still going to take a keen interest in the company.
He continued:
“I will be staying on at KMO for the foreseeable future as head engineer. I am excited I have now been awarded the time to dedicate to our junior engineers Adam Morse and Liam Brice, to enable them to develop into fully qualified Yamaha outboard technicians.
“I am confident Tom and Jason will uphold the standards and service that Mandy and I have provided since setting up KMO, and to keep all of my loyal long-standing customers happy – I will be keeping a close eye on them!”
First Peninsula Marine acted as advisors and agents to Kevin Mole Outboards.
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