Superyacht group buys Falmouth boatbuilder
Pendennis Shipyard has bought Cockwells Modern & Classic Boatbuilding as part of the businesses' growth plans.
Cockwells employs 140 people across three sites in Cornwall and had been seeking support to continue its growth.
Superyacht group Pendennis has taken a majority stake in the company, which designs and builds superyacht tenders and motor yachts.
The two businesses have worked together for many years with a number of Pendennis superyachts having commissioned Cockwells’ highly-customised tenders.
Dean Short, ma... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
