British shipping agent Peters & May Group has expanded its operations with two recent acquisitions: Worldwide Yacht Shipping, and Transport Partners. The acquisitions are in keeping with strategic goals in 2018 to expand business in the Middle East, Far East and United States, according to a company statement.
“The synergy between our businesses and the growing success of Peters & May as industry leaders leaves me confident that Worldwide Yacht Shipping is in the best of hands as I begin to take a step back over the coming years,” said Nigel Grayston, chairman and CEO of Worldwide Yacht Shipping, which has a strong presence across the Middle East.
Peters & May has appointed Steve Stanbury as sales director for the Middle East, according to the company.
U.S.-based Transport Partners, with offices and warehousing in the Netherlands and South Carolina, is the second largest shipper of boats worldwide from the U.S., according to the company. Its acquisition includes the Charleston-based subsidiary Royal Marine Packing, along with its freight packing and cradling facilities, and warehousing for cargo.
“Being in close competition for years, we know more than anyone that the global reach of Peters & May is set to significantly expand Transport Partners’ offering,” Wim Spinhoven, Transport Partners CEO, stated.
For more information, visit petersandmay.com.