“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,” says Geoff Moore, owner of Marine Chandlery. His company has recently bought Powerhouse Marine. “We are determined to expand our service offering,” Moore says.
Marine Chandlery was established in early 2024, following the acquisition of Storrar Marine, a long-standing North East chandlery. By June that year Marine Chandlery opened its doors at the Tyne Tunnel Trading Estate in North Shields. The company says it quickly gained momentum and established itself as a go-to destination for both marine enthusiasts and industry professionals.
As part of the company’s strategic growth plan, it purchased the assets of Brixham based company Bayside Marine in late November 2024. The stock transfer completed in early December.
Now, the acquisition of Powerhouse Marine Ltd marks another exciting milestone in Marine Chandlery’s growth journey – having purchased the two largest companies in the North East region.
Moore says he’s looking “to carry forward their [Powerhouse Marine’s] long-standing tradition of excellence and continue serving the maritime community in the North East and beyond for decades to come.”
Powerhouse Marine, set up in 1987, initially focused solely on servicing and repairing all makes of marine engines, both in board and outboard, petrol and diesel but grew to position itself as a local leisure boat engine and parts specialist. In 1998 it opened a dedicated showroom at the Derwenthaugh Marina in Blaydon, giving it direct access to marine facilities for testing and servicing related work. This is also when Powerhouse Marine added offerings such as jet skis, kayaks, trailers and more to its customers.
“I’m thrilled that the business is going to another local marine business,” says Mike Newbold, previous owner of Powerhouse Marine. “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 its full servicing team, tools and knowledge having moved to Marine Chandlery’s North Shields site.
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