Aquamare secures funding to support growth

UK-based marine equipment supplier Aquamare Marine has partnered with investment fund LCA Investments, to support its continued growth.

LCA specialises in investing in maritime-related businesses to provide capital and expertise to support expansion. 

Mike Sommerfeld, group CEO of Aquamare, says: “We have invested significantly into the business to broaden our services and to help underpin our future growth in support of our clients.

“LCA has been hugely impressed with how Aquamare continues to invest in the support and breadth for its clients. Aquamare recognises the importance of its team and is continuing to recruit and develop an industry-leading capability across the UK, Europe and America.”   

LCA’s Nigel Curry adds: “LCA is excited to have invested into Aquamare to help provide additional finance and support to continue its expansion across the UK and international markets.”

This follow’s Aquamare Marine’s recent growth, employing a new finance director and operations director.