Pendennis Shipyard takes a majority interest in Cockwells Modern & Classic Boatbuilding

United Kingdom
11th September 2024

Pendennis Shipyard takes a majority interest in Cockwells Modern & Classic Boatbuilding

Pendennis Shipyard, which operates a custom superyacht build and refit facility in Falmouth, Cornwall, has taken a majority interest in Cornish firm Cockwells Modern & Classic Boatbuilding.

Pendennis Shipyard has been operating for over 35 years, employs over 550 tradespeople and offers services including refit, restoration and bespoke boatbuilding for sailing and motor yachts.

Toby Allies, Managing Director of the Pendennis Group, said:

Cockwells, founded by Dave Cockwell, has been building bespoke superyacht tenders, motor launches and sailing yachts in Mylor Bridge, Falmouth, for over 28 years. The company now builds Duchy and Hardy semi-production vessels as well as bespoke, luxurious superyacht tenders. It also offers on-water fleet services, including annual care packages and one-off services.

Cockwell commented:

Cockwells and Pendennis have worked together for many years with a number of Pendennis superyachts having commissioned Cockwells’ highly customised tenders and, following the acquisition, both companies will continue the partnership to develop their in-house teams.

Cockwells will continue to operate independently with the existing management team headed by Dean Short.

Managing Director Short said:

The Pendennis Group consists of Pendennis Shipyard, a dedicated superyacht service facility in Falmouth; a Mediterranean marina and Technical Service Centre near Barcelona – Pendennis Vilanova – and a luxury bespoke interior manufacturer, Norfolk Interiors.

About Pendennis Shipyard About Cockwells Modern & Classic Boatbuilding

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