Devon engineering firm Supacat has acquired Hampshire-based MDS Marine as part of the company’s strategy to expand its marine and renewable energy business.
The acquisition will provide Supacat with access to MDS Marine’s inboard propulsion market for powering ribs, tenders, utility vessels and super yachts.
MDS provides sales, installation and support services for Marinediesel Sweden and manufacturers such as Konrad.
Supacat managing director Nick Ames said: "Acquiring MDS Marine demonstrates Supacat’s commitment to the marine sector and forms part of our continuing diversification strategy to expand our marine business further through appropriate teaming agreements, joint ventures or acquisitions."
Southboats former managing director Jeremy Paul has been appointed by Supacat as MDS Marine general manager. The MDS brand name will be retained as part of the Supacat Marine Business within the Supacat group of companies.
Paul commented: "With MDS Marine, we aim to expand our share of the growing commercial and leisure market for diesel engines and focus on building-up the after-sales, support and spares side of the business to consolidate MDS’s existing customer base and provide a firm foundation for future growth."
Supacat launched its multi-purpose vessel 24 (SMV 24) at Seawork International in 2013, and has also developed the launch and recovery system for the RNLI’s new shannon-class lifeboat.