Manor Renewable Energy Ltd Acquire UK Ship Builder Manor...
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Manor Renewable Energy Ltd Acquire UK Ship Builder Manor Marine UK Limited Manor Renewable Energy Ltd (MRE), suppliers of generators, vessels and personnel to the Offshore Renewables Sector, is pleased to announce the acquisition of the entire share capital of UK ship builders, Manor Marine UK Limited (MM). After several years of working closely together, the Directors have finalised a deal to take over Manor Marine, in order to implement a strategic plan for the growth of both companies. Eric Briar, Director of MRE said “MM has been and continue to be a successful business, with over 30 years’ experience and a first- class track record; with their history and expertise, it allows MRE the diversification we have been targeting. This is an excellent opportunity to supplement our current provision with several additional key services, including fabrication and marine engineering, essential for our growth and continued expansion.” MM founder John Tye, who remains at the helm in Portland, added “together with the investments we have made over the past five years, the 6000m² modern facility and a strong order book, we have a very exciting time ahead of us.” The newly formed group will employ over 70 personnel across three offices and currently have between 40-50 subcontractors, primarily working on offshore projects. MM’s facilities include vessel building sheds, slipway, workshops, office space, warehouses and a 500m² covered storage facility. - Ends - Press Release: 30 November 2017
Transcript of Manor Renewable Energy Ltd Acquire UK Ship Builder Manor...
Manor Renewable Energy Ltd Acquire UK Ship
Builder Manor Marine UK LimitedManor Renewable Energy Ltd (MRE), suppliers of generators, vessels and personnel to the Offshore Renewables Sector, is pleased to announce the acquisition of the entire share capital of UK ship builders, Manor Marine UK Limited (MM).
After several years of working closely together, the Directors have finalised a deal to take over Manor Marine, in order to implement a strategic plan for the growth of both companies.
Eric Briar, Director of MRE said “MM has been and continue to be a successful business, with over 30 years’ experience and a first-class track record; with their history and expertise, it allows MRE the diversification we have been targeting. This is an excellent opportunity to supplement our current provision with several additional key services, including fabrication and marine engineering, essential for our growth and continued expansion.”
MM founder John Tye, who remains at the helm in Portland, added “together with the investments we have made over the past five years, the 6000m² modern facility and a strong order book, we have a very exciting time ahead of us.”
The newly formed group will employ over 70 personnel across three offices and currently have between 40-50 subcontractors, primarily working on offshore projects.
MM’s facilities include vessel building sheds, slipway, workshops, office space, warehouses and a 500m² covered storage facility.
- Ends -
Press Release: 30 November 2017
Note to Editor:
About Manor Renewable Energy Ltd
As vessel owners / operators with an expanding fleet of rental generators, we also provide bespoke products and services supported by our in-house project teams; these include package managers, technicians and engineers, providing engineering solutions for the development, construction, operation and maintenance of offshore projects.
Based in Portland, Fareham and Lowestoft, we deliver experienced teams of engineers and marine specialists to the offshore renewables sector.
Visit: www.mreltd.co.uk
About Manor Marine UK Limited
An experienced multidisciplinary ship building & repair, marine construction and general engineering specialists. For over 30 years, Manor Marine has been supplying a high standard of services and specialist skills to deliver craftsmanship and excellence in ship building, marine engineering and fabrication.
Based in Portland, on the UK’s south coast, Manor Marine has provided the highest level of quality manufacturing and construction services, delivering a diverse range of projects for a variety of private and public-sector clients.
Visit: www.manormarine.co.uk
For further information:
Editorial information:
MRE were advised by Verisona Law and Benchmark International.
Eric Briar, DirectorManor Buildings, Portland Port, Castletown, Portland, Dorset, DT5 [email protected] Tel: +44 (0) 1305 861109
N atalie Griggs, Marketing Manor Buildings, Portland Port, Castletown, Portland, Dorset, DT5 1PB [email protected] Tel: +44 (0) 1305 861109
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