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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

Eve McMahon's 2021 sailing achievements

  • Irish Sailor of the Year 2021
  • Gold Medallist Youth World Championships Italy Highest Ranked Irish Female 
  • Star Sailors league Silver medal at the Youth European Championships Croatia Gold medallist U19,
  • Silver medallist U21 Senior European Championships Bulgaria Race win Senior European Championships Bulgaria
  • Selected Paris 2024 Olympic Solidarity Scholarship Sport Ireland
  • 15th Senior European Championships Bulgaria, 1st Irish Female, securing Sport Ireland Carding.
  • Youth ISAF World Representative Oman, equivalent to Youth Olympic in sailing,
  • 4th overall Guinness World Record Participant Beach Clean up -
  • Oman Gold medallist U19 Allianz World Cup Netherlands
  • Gold medallist U23 Lanzarote International Regatta 4th
  • U21 European Championships Montenegro
  • Nominated for Irish Sailor of The Year
  • Bronze medallist Connaught's Wexford
  • 9th Silver Fleet European Continental Qualification
  • 5th Pre-Qualifciation regatta Lanzarote