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Displaying items by tag: Dunmurry

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

About the Endurance II Replica Project

An Irish project has been launched on the 150th anniversary of explorer Ernest Shackleton's birth, to build a replica of his ship, Endurance II, in County Kildare.

The project has high-profile patrons such as the Prince Albert II of Monaco, Alexandra Shackleton (Shackleton's granddaughter), and Richard Garriott, the President of the Explorer's Club.

The project is still at the concept stage, so the estimated cost of construction, which is expected to be around €14m, and the annual operational budget of €1.5m are not yet confirmed.

The project organisers are seeking $600,000 (€556,350) from 12 "founders," who will each contribute $50,000. The chairman of private investment firm Kilcullen Kapital Partners, Galway-born O’Coineen, bought the Business Post newspaper in 2018.