Premier Marinas is up for sale, with an asking price in excess of £220million, the company has confirmed.
Premier Marinas is up for sale, with an asking price in excess of £220million, the company has confirmed.
Established in 1994, Premier Marinas Limited owns and operates eight UK marinas, including Sovereign Harbour in Eastbourne, East Sussex; Brighton Marina in East Sussex; Chichester Marina in West Sussex; Southsea, Port Solent, Gosport and Swanwick marinas in Hampshire and Falmouth Marina in Cornwall.
The sale is being handled by the investment bank Lazards.
A spokesman said: ‘The business plan for Premier Marinas has reached a stage which makes a sale the right option for the business.
‘Premier has a number of future growth opportunities in the UK and abroad which cannot be taken under the current ownership.’
Port Solent Marina. Credit: Premier Marinas
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