New name for joint D&R and Quay Marinas business
Following the takeover last year of Quay Marinas (QM) by the Dean & Reddyhoff Group (D&R), the combined entity is to be rebranded Boatfolk Marinas Group Ltd. IBI understands that the rebranding is to be officially announced on April 1, 2020, according to a spokesperson for D&R.
The renaming is revealed in a filing, dated today, to Companies House, the UK’s business registry, which shows that D&R Topco, an ultimate holding company for the Dean & Reddyhoff Group, has been renamed Boatfolk Marinas Group Ltd. Also at least one other company within the group has been renamed under the Boatfolk Marinas branding.
Richard Reddyhoff, chairman and founder of Dean & Reddyhoff, told IBI: “I am absolutely thrilled with our decision to bring Dean & Reddyhoff and Quay Marinas together under the Boatfolk name. It is a positive signal of the direction our combined business is heading in, one that places our people and our customers at the heart of what we do. This is just the first in a series of exciting developments that we will be announcing in 2020 and we look forward to sharing the story behind the boatfolk name soon.”
Through the takeover of Quay Marinas, Boatfolk Marinas Group has a portfolio of 11 marinas plus a number of boatyards in England, Wales, Scotland and Northern Ireland. The five D&R marinas and six Quay Marinas facilities comprise a total of 3,880 berths and 120 dry stack berths:
- East Cowes marina (D&R) – 300 berths
- Haslar marina (D&R) – 500+ berths and
- Deacons marina (D&R) – 120 berths
- Royal Quays marina, North Shields (QM) – 350 berths
- Penarth Quays marina (QM) – 340 berths up to 25m (80ft)
- Portishead Quays marina (QM) – 325 berths
- Conwy Quays marina (QM) – 500+ berths
- Portland marina (D&R) – 400 berths + 120 berth drystack
- Weymouth marina (D&R) – 250+ berths
- Bangor marina (QM) – 560 berths
- Rhu marina (QM) – 235 berths
Major development schemes are underway at both Haslar marina and Portland marina. At the latter, up to four and half new pontoons are being added, of which so far one and half, including the expansion of an existing pontoon, have been installed. At least another two will be installed this year and a total of some 300 new berths will be added to Portland’s total as a result of the new pontoons.
At Haslar marina, planning approval was secured last this to redevelop the facility including a new powerboat centre, improvements to the boatyard, new clubhouse-restaurant, additional deep-water berths and extra parking. No indication of how much is being invested by the group in both the Haslar and Portland facilities has been made known.
The joining of Dean & Reddyhoff and Quay Marinas means that the combined group is now the UK’s second largest marina group behind the MDL Marinas Group in terms of facilities and geographical spread. MDL Marinas has a total of 6,453 berths and 507 dry berths across 18 marinas in the UK.
There has been speculation that if the Olympics have to be moved from Japan later this year because of the coronavirus outbreak, then Portland, where the sailing events for the 2012 Olympics were held, might be a possible venue.