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IoS Steamship acquisition

2:14 pm, May 26, 2011

The Isles of Scilly Steamship Company has acquired St Mary’s-based Nike Engineering.

Providing marine and mechanical engineering services to the Isles of Scilly, the company will be known as Nike Engineering Limited and will continue to be based at the Porthmellin Industrial Estate.

The company will join the Isles of Scilly Steamship Company’s existing businesses in Penzance and on the Isles of Scilly.

Current proprietors Nigel Bromham and Keith Symons will be employed by Nike Engineering Limited and continue to offer a range of marine and automotive engineering services.

Isles of Scilly Steamship Company chief executive, Jeff Marston, said: “We are delighted to acquire Nike Engineering Limited and expand our portfolio with the addition of this important business on St Mary’s. The acquisition of Nike Engineering Limited will provide more choice for our customers and means that we can continue to expand on the diverse range of services that the Isles of Scilly Steamship Company offers.

“Nigel and Keith are two dedicated, skilled and experienced professionals and we would like to reassure people that it will be business as usual.”

Kevin Ayres will manage the day-to-day running of Nike Engineering Limited along with Penzance Dry Dock, which was acquired by the Isles of Scilly Steamship Company in 2009.

Financial terms were not disclosed.

 

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