Premier buys leading drystack

UK: The Trafalgar Group has sold its Trafalgar Wharf site in Portsmouth Harbour, Hampshire to Premier Marinas for an undisclosed sum. The property includes Europe’s largest covered drystack storage facility and a significant commercial shipyard that provides bespoke maintenance programmes for commercial vessels and private yachts.

The wider Trafalgar Wharf site is a hub for a wide range of marine and non-marine businesses and will now be known as Premier Trafalgar Wharf. Other Trafalgar Group businesses, including Boat Club Trafalgar and Thornham Marina, are not included in the sale and will continue to operate as usual.
All of the existing operations team at Trafalgar Wharf will be retained and transferred to Premier Marinas as part of the sale agreement.
Premier Marinas CEO, Pete Bradshaw, said: “We’re delighted to add the Trafalgar Wharf site to the Premier portfolio and welcome new team members into our family. The acquisition marks yet another milestone for Premier as we continue to invest and grow our business. Trafalgar Wharf adds new capabilities to our group and we’re confident that we will be able to combine the knowledge of the existing team and our wider operational experience to further enhance the site and operations.”
Jonny Boys, managing director of The Trafalgar Group, added: “We’re all about doing things differently and putting our customers first. We’re delighted to be handing the reins to Premier Marinas who share our vision to create fantastic boating and waterside experiences.”