Company: Premier Marinas, Trafalgar Group
Business Type: Marina Operator
UK & International Business Sales and M&A News
The Trafalgar Wharf site in Portsmouth Harbour has been acquired by Premier Marinas from the Trafalgar Group for an undisclosed sum.
The acquisition is to include Europe’s largest indoor dry stack boat storage facility, with a capacity for over 300 small boats, and Trafalgar Shipyard, a commercial shipyard providing bespoke refit and maintenance programmes for commercial vessels and private yachts.
The Trafalgar Wharf site also includes marina and pontoon berths with tidal access, boat storage for vessels up to 18m, the fully enclosed Drystack for motorboats up to 10 tonnes, plus yacht moorings.
Other Trafalgar Group businesses located at Trafalgar Wharf are not included in the sale and will continue to operate as usual – these include Boat Club Trafalgar, RIBs For Sale, Ballistic RIBs, Thornham Marina and Gatcombe House Serviced Offices.
Jonny Boys, Managing Director of The Trafalgar Group, said:
“We’re all about doing things differently and putting our customers first. We’re delighted to be handing the reins to Premier Marinas who share our vision to create fantastic boating and waterside experiences.”
Jonny Boys – Managing Director of The Trafalgar Group
Premier Marinas owns and operates 10 marinas and boatyards on the UK’s South Coast, with its flagship marina and boatyard at Noss on Dart in Devon.
Pete Bradshaw, CEO of Premier Marinas, commented:
“We’re delighted to add the Trafalgar Wharf site to the Premier portfolio and welcome new team members into our family.
“The acquisition marks yet another milestone for Premier as we continue to invest and grow our business. Trafalgar Wharf adds new capabilities to our group and we’re confident that we will be able to combine the knowledge of the existing team and our wider operational experience to further enhance the site and operations.”
Pete Bradshaw – CEO of Premier Marinas
The site will now be known as Premier Trafalgar Wharf and all of the existing operations team at Trafalgar Wharf will be retained and transferred to Premier Marinas as part of the sale agreement.
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