Ribcraft acquired by UK entrepreneur

Toby Adams explained that present and future plans for the based in Somerset-based business are focused on enhanced after-sales support. There will also be a strong focus on new and existing contracts for military and global demand in this sector with BREXIT offering increased opportunities and demand for the high-performance patrol boats that Ribcraft is well known for.

“I am really excited to be investing in and heading up this British manufacturer and it is good to be part of a very positive story at this time,” said Mr Adams. “We are currently focusing on putting key people in place as well as looking at recruiting and expanding the Yeovil factory.”

Additionally, the company will focus on environmental sustainability through carbon offsetting and the big launch of the new Ribcraft hybrid range. The hybrid propulsion system has been designed to make Ribcraft boats the most advanced environmentally friendly patrol boats in the world.

Mr Adams was introduced to Ribcraft in 2009 when co-founding global franchise, The Yellow Boats. Ribcraft RIBs provided the platform for success in what has become a leading brand in the tourism sector.

Enjoying great success in the industry and seeing a huge demand for more rigid inflatable boats, Toby embarked on investing in a Ribcraft license to manufacture in the United Arab Emirates and supply the increasing global demand for Ribcraft boats across the Middle East.

By Rebecca Jeffrey