New owners to invest in Dartside Quay
MDL Marinas has sold its Dartside Quay boatyard in Dartmouth, UK to the owners of nearby Dolphin Haven, a boatyard with berthing services just across the Galmpton Creek waters. The purchase is being followed by substantial site investment.
With space for over 300 boats ashore, the seven-acre (2.8ha) dry boat storage area is serviced by a 65-tonne Wise hoist which operates from a purpose-built dock. A 20-tonne Wise trailer also operates from the slipway.
MDL Marinas managing director, Michael Glanville, said: “Dartside Quay boatyard provides important lifting and refit services to many of our berth holders, as well as local businesses and we’re excited to be working with Dolphin Boatyard to create an opportunity for these services to grow.”
“The sale agreement, which critically retains employment for our loyal and highly skilled team, allows capital to be released and repurposed in other areas of our business to strategically develop our portfolio of products and services for our customers,” he added.
Ben Morris, managing director of Dolphin Boatyard, commented: “The acquisition of Dartside Quay is an exciting step forward for my business. It allows us to expand our services to local boaters in the bay, on the Dart and beyond, adding new refit opportunities and investing in both the Dartside Quay and Dolphin Haven sites.”
READ MORE
USA: Major infrastructure improvements for Broadwater
FRANCE: Poralu Marine launches Wearth Group
SPAIN: Palma yard adds berths to boost refit projects
USA: MGBW designated Foreign Trade Zone
AUSTRALIA: Superyacht marina celebrates marker anniversary
NETHERLANDS: Metstrade 2024 sets ground for bumper 2025 event
UK: MDL continues unprecedented investment
Smart member comms at Hong Kong yacht club
Managing berths at expanded sites
Installing safe mooring systems
Protecting pontoon boats
Surviving Hurricane Beryl
Smart systems streamline Croatian marinas
Cimolai Technology: catering for all boat sizes
New crane design unveiled in Amsterdam
Marine Travelift E Series is ready to roll
Innovation and sustainability
Kropf delivers first all electric boat hoist
BUYING and SELLING MARINAS
Marinetek marks 30 years
Monaco Rendezvous: Smart and Sustainable Marinas 2024
Project Valencia: integrating the port with the city
Bringing new life to Banagher Marina
Is the essence of Port Grimaud under threat
Factoring in the need for electric power
Substantial progress for luxury wellness destination
Building on water The floating possibilities
Dates and times for Marinas26
Conference honours marinas and yards
Queensland marinas driving employment
Walcon to build SIBS marina for 15 years
Gold Anchor winners take centre stage
Newly merged pontoon companies eye global expansion
Iowa marina ramps up improvement plans
New management at Karpaz Gate
Code of Practice revision for now and the future
Waiheke wins green 'credits'
Dock replacement progress at Salty Sams
D Marin to manage new Med style marina
BMDC confirms construction milestone
Las Olas opens as a 'gateway to the city'
Ground breaks on first international standard marina
Pre-register for IWMC 2025
Western Marinas buys Marine and Property assets
ICOMIA and EBI launch charter standard
UK: New marina for Isle of Wight
MALDIVES: MoU signed for Uligan marina
TURKS and CAICOS: Property sells fast at luxury Cove development
SAUDI ARABIA: IGY to manage Sindalah Yacht Club
PORTUGAL: Expansion push at Lindley Marinas