Monday, May 6, 2024

Long Eaton marina operator completes strategic acquisition of counterpart

Aquavista, the Long Eaton-based marina operator, has expanded its marina portfolio with the strategic acquisition of Castle Marinas.

The Midlands-based firm will see its portfolio expand with an additional 11 marinas added to its footprint at new locations, including Crick Marina, home of the world-famous Crick Boat Show, and the Birdham Pool Marina at Chichester Harbour.

Speaking following the announcement, Aquavista CEO, Steve de Polo, said: “We are delighted to announce the acquisition of Castle Marinas and look forward to the exciting opportunities that this will bring to our customers across all 29 of our UK-based marinas.

“Aquavista believes that life is better by the water and our purpose is to help our customers live that life. Since 2019 we have invested more than £3m into our marina estate, improving marina facilities and helping to deliver a great waterside experience, whether you live, visit, or work at an Aquavista marina.

“Both Castle Marinas and Aquavista have a proven track record of providing a high-quality experience to our customers and we look forward to continuing that tradition through our new combined offering.

“At Aquavista we pride ourselves on investing in our waterside teams, ensuring that our customers’ lives are made as easy as possible. I am delighted to have already begun to meet with the waterside teams at the 11 Castle Marinas to hear their views on how we can work together to further improve the marina experiences.”

Operations director, Mike Braidley, from Castle Marinas, said: “Castle Marinas is very pleased to have reached an agreement with Aquavista. It is clear how closely our mission statements align, and we believe Aquavista is ideally placed to continue to deliver and indeed improve on our commitment to be ‘Big enough to cope, small enough to care’. This transaction will support our waterside teams to continue providing a friendly, helpful and professional service at all our locations.”

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