Company: Marine Results, Seaway Powell Marine
Business Type: Rigging
UK & International Business Sales and M&A News
Seaway Powell Marine Ltd went into liquidation in 2016. The acquisition will enable Marine Results to access the blueprints to the high quality hydraulic systems, large underdeck captive winches, capstans, hydraulic cylinders, traveller systems, and other hydraulic systems that Seaway Powell produced for several decades.
“We have invested heavily in purchasing these resources from Seaway Powell. We are working closely with Peter Powell who formerly led the company so that together we can, as rapidly as possible, provide service and support to the superyachts and other vessels which are equipped with these products and systems. Marine Results has further invested in new tooling and upgraded the test facilities at our Hamble UK headquarters, so that we are able to carry out the highly customised servicing of Seaway Powell equipment.”
Jon Morris of Marine Results
Marine Results’ considerable experience in hydraulics, built over more than fifteen years of Americas Cup, Volvo and superyacht servicing puts the company in a natural position to continue with this important resource and support.
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