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A Belfast-based company has taken over a global marine business in a £31 million (€35.7 million) deal, the Belfast Telegraph reports.
Survitec Group Limited, based in Dunmurry, has acquired Cosalt Marine, a worldwide supplier of liferafts, lifejackets and survival suits with clients such as the RNLI and P&O Ferries.
Cosalt joins an already bustling portfolio of brands in the Survitec Group, including DSB and Beaufort, as the rebranded Survitec Service and Distribution Ltd.
The company's 450 staff will join the more than 1,000 already employed by Survitec, which operates across the UK and Europe.
The Belfast Telegraph has more on the story HERE.

A Belfast-based company has taken over a global marine business in a £31 million (€35.7 million) deal, the Belfast Telegraph reports.

Survitec Group Limited, based in Dunmurry, has acquired Cosalt Marine, a worldwide supplier of liferafts, lifejackets and survival suits with clients such as the RNLI and P&O Ferries.

Cosalt joins an already bustling portfolio of brands in the Survitec Group, including DSB and Beaufort, as the rebranded Survitec Service and Distribution Ltd.

The company's 450 staff will join the more than 1,000 already employed by Survitec, which operates across the UK and Europe.

The Belfast Telegraph has more on the story HERE.

Published in News Update

Calves Week Regatta takes place in Schull in early August, continuing the annual tradition in West Cork since the inception of the Schull Harbour Sailing Club in 1884.

In more recent years, a more compact schedule as an alternative to the older two-week even has proved popular.

The four-day Calves Week Championships with the usual mix of courses taking in the Fastnet Rock and many of Carbery's Hundred Isles, together with laid courses in Roaringwater Bay is one of Irish sailing's enduring fixtures. 

A daily prize-giving takes place on Main Street in Schull, which sees a nautical festival theme for the village organised by local businesses.