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.