UK-based Marine Chandlery has acquried Powerhouse Marine Ltd.
Marine Chandlery was established in 2024 following the acquisition of Storrar Marine, a long-standing North East chandlery.
Powerhouse Marine was founded in 1987 and provides expertise in the sale, service, spares and repairs of all marine related products.
The company initially focused solely on servicing and repairing all makes of marine engines, both in board and outboard, petrol and diesel but has grown to position itself as a local leisure boat engine and parts specialist.
In 1998 Powerhouse Marine opened a dedicated showroom at the Derwenthaugh Marina in Blaydon, providing direct access to marine facilities for testing and servicing related work.
I’m thrilled that the business is going to another local marine business.
Mike Newbold
The company also added offerings such as jet skis, kayaks, trailers and more to its customers.
“Marine Chandlery has achieved remarkable growth in a short time, focusing on in-store and e-commerce sales of a wide variety of marine products, and establishing our servicing department,” said Geoff Moore, owner and managing director of Marine Chandlery.
“With the acquisition of Powerhouse Marine, we are determined to expand our service offering, and to carry forward their long-standing tradition of excellence and continue serving the maritime community in the North East and beyond for decades to come.”
Loyal customers
Mike Newbold, owner of Powerhouse Marine, added: “I’m thrilled that the business is going to another local marine business, and I am sure they will have as much success as I have had over the years.
“I know that the Marine Chandlery team will look after our loyal customers, and I look forward to becoming a customer myself for parts and servicing of my own boat.”
Powerhouse Marine’s doors in Blaydon are now closed to customers, with the company’s full servicing team, tools and knowledge having moved to Marine Chandlery’s North Shields site.
The acquisition follows on from the purchase of the assets of Brixham based Bayside Marine in late November 2024.
