Port Finance International Events - covering global port developments

Search site

Wednesday, 16 December 2015

Peel Ports Group announces the acquisition of Great Yarmouth Port Company Limited

Peel Ports Group announces today that it has completed the acquisition of Great Yarmouth Port Company Limited (GYPC) from International Port Holdings for an undisclosed sum.

GYPC is well established as the leading UK port servicing the UK sector of the Southern North Sea offshore oil and gas industry and has other activities in regional grain, aggregate and other bulk and general cargoes. In its last annual accounts, it reported revenue of £10.9m and an operating profit of £4.5m. It currently employs approximately 65 employees all of whom are located at Great Yarmouth.

Mark Whitworth, Chief Executive of Peel Ports said: “GYPC will complement Peel Ports core ports business by providing both geographical and commercial diversification. It is a very welcome addition to our business portfolio.

“Bringing together customers and commodities served by both businesses will present a sound base for exploring future growth opportunities. This includes decommissioning, where GYPC’s market position has the potential to further enhance Peel Ports existing strategic assets.

“The acquisition is fully aligned with our growth aspirations and strengthens Peel Ports as a leading UK Ports Group”.

All enquiries to Peel Ports Group Limited:

Graeme Charnock, Chief Financial Officer
Julia Bradley, Group Marketing Director

Press release dated 16 December 2015


Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

Follow us


Sign up for our free newsletter