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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.”

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