A buyout of South Boats Isle of Wight has seen assets and equipment change hands and employees transferred to new firm Diverse Marine Ltd.
Headed by Ben Colman and Matt Floyd, the firm says it will continue to offer commercial vessel repair and refit, supporting previous, existing and new clients with any requirements.
Announcing the launch of Diverse Marine today (Wednesday), Ben Colman, Director of Diverse Marine said:
“We are delighted to announce the completion of the purchase and formation of Diverse Marine – we are overwhelmed by the support from clients, suppliers and the wider marine industry as we take the company into the future. This is enormously positive news for all the families of staff involved and for the island’s marine industry. We have a strong vision for the future and have started to map how we may get there. The support and integration of our team as the company steps on this path is very important to us.“Starting afresh and leaving the past behind has been invigorating for everyone involved. With the continued and much valued support of existing customers and suppliers we believe Diverse Marine has a very bright future.”
Diverse Marine will be based at Medina Yard, with a lease in place for the next three years and says its it committed to secure it longer term.
It says a new portfolio of commercial vessel designs is being developed in conjunction with multiple 3rd party Naval Architects, including RIB’s, fishing boats, work boats and, looking to the future, wind farm crew transfer vessels, to create a diverse range of craft for any application. The company will be led by the industry and ensure designs are available to meet any requirement.