Atlantis Marine Power is sold to SAIM Group

11th October 2022

Atlantis Marine Power is sold to SAIM Group

Atlantis Marine Power has completed its sale to Italian recreational and commercial marine distributor SAIM Group, with specialist M&A advisory firm First Peninsula Marine acting as advisors to Atlantis Marine Power.

The Kohler distributor and marine equipment supplier Atlantis Marine Power is based in Plymouth, UK, and the acquisition by SAIM will give more strength to the distribution in UK.

Founded in 1986 by Richard and Suzanne Dix, then acquired by Peter Middleton and Paul Lakey in 2005, Atlantis Marine Power became a well-known regional player in supply and support of marine mechanical and electrical equipment, both to leisure craft and commercial boat manufacturers. Middleton will stay in the company as a partner and director.

Middleton said:

SAIM, an Italian company specialising in equipment supply, was founded in 1951, with SAIM Marine launching in 1993. Today, SAIM Marine imports and distributes high-tech equipment to large shipyards and has a direct service network along the coasts of Italy, France, Slovenia, and Croatia, as well as worldwide.

SAIM manufactures QS Seamaster dc, ac and hydraulic tunnel and retractable thrusters, as well as Dynamica generators, complementing the Kohler gensets range with high and variable speed models.

Marco Donà, CEO of SAIM, commented:

Massimo Donà, President of SAIM Group, continued:

Pictured are Mark Zimmerman (Sales Manager), Sarah Zarmati (Financial Controller), Lewis Prouse (Application Engineer), Marco Dona (CEO of SAIM) and Peter Middleton (Director).

About First Peninsula Marine

First Peninsula Marine is a specialist business sales and acquisitions agency focused exclusively on the marine and maritime sectors. Operating nationally to provide a range of strategic advisory services to business owners, trade buyers, financial institutions and private investors. First Peninsula Marine advises on a wide range of instructions from £multimillion corporate finance backed transactions and strategic plc acquisitions to local owner-managed business sales.

About First Peninsula Marine About SAIM Group


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