However, there has been a notable shift in market dynamics since Savills explored the concept of a two-tier marina market in 2022. Three years on, a clear “flight to quality” has emerged, echoing trends seen in other leisure sectors. As global players enter the scene, the question is no longer if marinas will go global, but how far they’ll sail.
The eight largest UK marina operators collectively manage around 31,000 berths – about 30% of the national total – yet own only 112 marinas, representing just 15.5% of all berths nationwide.
Portfolio transactions in the UK marina market remain rare, with the last large group deal occurring in 2021 when Castle Marinas was acquired by Aquavista. More recently, Boatfolk – which operates 11 marinas and is backed by Mansford – has been exploring a potential sale, with Terra Firma Capital Partners reportedly among the remaining interested parties.
In addition to portfolio deals, individual acquisitions by group operators targeting specific geographic clusters are also common. For example, earlier this year, Tingdene Marinas acquired Farndon Marina in Nottingham and Holy Loch Marina in Argyll, Scotland, taking their portfolio to 12 marinas.
Consolidation continues to offer economies of scale and cost efficiencies, provided operations are managed effectively.
