Bailey Acquires A&P Group

14 July 2009 (Last Updated July 14th, 2009 18:30)

Welsh property development firm The Bailey Group has acquired the remaining 50% stake in ship repair and marine services company A&P Group for an undisclosed sum. The acquisition covers four sites across the UK, including Middlesbrough, Falmouth, Chatham and Hebburn. The

Welsh property development firm The Bailey Group has acquired the remaining 50% stake in ship repair and marine services company A&P Group for an undisclosed sum.

The acquisition covers four sites across the UK, including Middlesbrough, Falmouth, Chatham and Hebburn.

The property developer purchased a 50% stake in the company in September 2006.

Founded in 1971, A&P has clients in over more than 70 countries, including government departments and commercial shipping lines.