Premier Marinas has announced the acquisition of marina group Boatfolk for an undisclosed sum.
The acquisition was funded through investment provided by Premier Marina’s long-term owners, Wellcome. It creates a combined portfolio of 22 UK locations, providing an extensive choice of destinations across the South Coast and beyond.
Boatfolk will continue to operate largely unchanged as plans are developed to align the businesses over the coming months and to unlock benefits for customers.
Pete Bradshaw, Chief Executive of Premier Marinas, said: “I am delighted to confirm that Premier Marinas have concluded the acquisition of Boatfolk following a formal sale process. In Boatfolk, we see a fantastic portfolio of marinas in great locations, a talented team and a customer ethos that resonates with that of Premier Marinas. We have much in common, and my team looks forward to working with our new colleagues to unlock the benefits for all our customers.”
Premier Marinas is the owner and operator of a portfolio of 11 UK locations: Brighton, Chichester, Falmouth, Gosport, Noss on Dart, Port Solent, Southsea, Sovereign Harbour (Eastbourne), Swanwick, Trafalgar Wharf and Universal.
Boatfolk’s 11 UK locations: Bangor, Conwy, Deacons, East Cowes, Haslar, Penarth, Portishead, Portland, Rhu, Royal Quays and Weymouth.
