BHG Marine and Willow Marine have been sold to Lymington Marina, which will retain all staff and existing operations.
The businesses were owned and run by father and son team David and Paul Martin. David, who has spent 62 years working in the marine industry, will retire, while Paul will stay on as consultant to both businesses.
Paul said: “It was a difficult decision to sell the family business, but we are relieved and reassured that we have found another family-owned company, who recognise our expertise and reputation and who will retain the company names and brand and retain our loyal staff.”
Dominic May of Lymington Marina said: “David and Paul Martin have spent a lifetime building up a brilliant business and we thank them both to entrusting its future to us.”
BHG Marine specialises in the sales, service and parts for Yamaha outboards, Jeanneau motor craft, Zodiac inflatables and RIBS. The company also distributes PropGuards and Hurley Davits in Europe and Turboswing and Motortoter and the Linder range of aluminium dinghies and canoes in the UK.
Willow Marine, which trades as BHG Service through two sites at Bucklers Hard, services and repairs all brands of outboard motors and small craft, inboard diesel engine servicing and maintenance.
The Lymington BHG site will move from its Bridge Road home in Lymington over the next few months to a new showroom in Bath Road.