Travers Smith LLP has advised south coast marina operators Dean & Reddyhoff Ltd on its acquisition of Hampshire-based Deacons Marina.
With 130 marina berths and a full-service boatyard for 150 boats ashore on the river Hamble, Deacons complements the existing Dean & Reddyhoff marina network which has 1500 berths at Haslar, East Cowes, Portland and Weymouth marinas, plus a modern boat yard at Portland.
The two companies have been working closely together for the last year, with Deacons offering boat yard services to Dean & Reddyhoff Solent-based berth holders.
The Travers Smith team was led by corporate partner Edmund Reed with support from corporate associate Jessica Kolhorn. Specialist property advice was provided by real estate partner Paul Kenny with support from real estate associate Sarah Walker. Specialist tax advice was provided by tax partner Russell Warren with support from tax associate Will Kelleher.
Deacons Marina was advised by Moore Blatch.