Martek Marine Completes £12m Management Buyout to Enhance Maritime Safety Solutions

Martek Marine, a pioneering company based in Rotherham, recently underwent a successful £12m management buyout. Specializing in distributing premium safety, monitoring, and medical equipment to the maritime industry, Martek Marine has a strong reputation for delivering high-quality products and services. With the backing of £8m from private equity investment manager Foresight Group, the new ownership structure is poised to unlock further growth opportunities for the company.

Established in 2000, Martek Marine has supplied over 30,000 pieces of equipment to major ship operators worldwide. The company offers a range of portable and fixed gas detection systems, defibrillators, and water testing solutions, catering to the complex regulatory environment of the maritime sector. With a loyal customer base and a strong market reputation, Martek has been recognized with prestigious awards and certifications, including the Queen’s Award for Enterprise and ISO 9001 accreditation.

Foresight Group, known for supporting business growth, will be working closely with Martek Marine’s CEO Karen Bedford and the management team to help the company achieve its ambitious goals as a standalone business. The appointment of experienced business leader Nick Alexander as the new Chair further strengthens Martek’s leadership team and positions them for future success. With a focus on capturing opportunities and fulfilling potential, Martek Marine is set to continue its trajectory of innovation and excellence in the maritime industry.

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