Receivers of a family-owned boat business which bought long-standing Napier company Firman Marine less than two years ago hope to find a buyer despite some tough economic conditions.
Taupo-based Trev Terry Marine went into receivership on February 23, but is still trading amid hopes of a sale.
Natalie Burrett, of Auckland-based receivers Calibre Partners said it was too soon to say exactly what caused the company’s troubles, but, indicating already some sale interest, she told the : “It’s a tough market out there for a boatyard”.
“We have had some interest already,” she said. “There (are) some contacts we’re aware of and also we’ll be running a publicity campaign.”