Alba Sailing, independent bareboat and skippered yacht charter business based on the West Coast of Scotland, has been sold for an undisclosed sum.
The business also includes a chandlery store, offering goods such as equipment hire, rigging services and laundry services for the charters.
There is also a workshop that provides maintenance for the chartered yachts. The business also includes a marina fleet, comprising 11 chartered yachts, six of which were privately owned by Alba Sailing and five of which are managed.
The company operates from purpose-built shoreside premises at Dunstaffnage Marina, Oban, and was founded more than 40 years’ ago.
This high-profile acquisition demonstrates the growing appetite in Scotland for good quality marinas and marina service businesses.
Mark Lavery
The business has been owned and operated by David and Julie Banks, who sold the business to enjoy a long-awaited retirement.
The business has been acquired by a first-time buyer and new entrant in the marina market, with previous experience in yachting and maritime services.
“I wish David and Julie all the best with their well-deserved retirement. I am very happy to have been able to sell the charter service for them,” said Mark Lavery, associate director at Christie & Co who handled the sale.
“They leave an already very successful business in good hands and the future is definitely bright for Alba Sailing going forward.”
He added: “This sale reflects the current climate of the maritime industry in Scotland. This high-profile acquisition demonstrates the growing appetite in Scotland for good quality marinas and marina service businesses.”
