Gael Force growth
UK marine equipment and services company Gael Force has launched a significant growth plan for a range of key markets with the acquisition of Varis Engineering.
The deal complements Gael Force’s existing engineering capabilities and enhances the firm’s drive to build sales from £15m to £50m in the next five years, with further growth envisaged longer term.
There are plans to increase the 30 strong workforce at Varis which specialises in the design, manufacture and installation of pontoons, marinas, access bridges and services.
The acquisition further expands Gael Force’s capabilities in marine floating infrastructure. The engineering arm of the company has developed from designing and fabricating concrete caisson feed barges for fish farms along with specialist mooring services. It is now also focusing on expanding into the emerging wave and tidal energy industries as well as building pontoons for marinas and harbours and a range of floating homes.
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