Tingdene Group has acquired Farndon Harbour Moorings Ltd, marking its first presence on the River Trent and expanding its portfolio to 11 marinas across the UK.
Information on the Target
Farndon Harbour Moorings Ltd, commonly referred to as Farndon Marina, has been a longstanding player in the UK's boating industry, having been operated by the Ainsworth family for over 59 years. The marina is strategically located along the River Trent, providing navigable access to both Nottinghamshire and Lincolnshire. This prime location enhances its significance in the boating community, offering a variety of amenities such as modern washroom facilities, secure parking, fuel services, a pump-out station, chandlery, boat servicing and repair capabilities, a slipway, and an on-site restaurant.
The acquisition of Farndon Marina by Tingdene Group represents a key growth strategy for the latter, as it expands its portfolio to 11 marinas across the UK, further solidifying its presence in an important boating hub.
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Industry Overview in the UK
The UK boating industry has historically been a vital segment of the leisure market, with significant contributions to local economies. With increasingly favorable conditions for recreational b
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