Red7marine Ltd.

Red7Marine Ltd. is a UK-based marine engineering company specializing in innovative solutions for complex marine projects, including consultancy, plant hire, and managed services for critical national infrastructure. Founded in 1994 in the UK, Red7Marine Ltd. specializes in marine engineering solutions.

In June 2026, Ancora Group, a portfolio company of Sullivan Street, acquired Red7marine Ltd. from Perwyn. Financial terms of the transaction were not disclosed. Nick Offord serves as the CEO.

Its headquarters are located in the UK, although specific office locations are not detailed. The company has completed one major deal to date, focusing on enhancing its service offerings to clients in the marine sector. Red7Marine specializes in delivering comprehensive marine engineering solutions tailored to various project scales, complexities, and requirements. The company’s core offerings include consultancy services, early contractor involvement, standalone plant hire, and fully managed turnkey solutions, which are designed to address challenges within the marine sector.

These solutions are particularly valuable for clients involved in critical national infrastructure projects, such as offshore wind farms, nuclear facility decommissioning, and port extensions. Red7Marine serves a diverse clientele including contractors, government agencies, and major operators, with its services deployed across the UK and potentially expanding into European markets due to the increasing demand for marine infrastructure. The company’s versatile fleet comprises jack-up barges, support vessels, cranes, and accommodation units, all integrated and managed to ensure efficient project execution in challenging marine environments. In the most recent fiscal year, 2014, Red7Marine reported a revenue of GBP 52,050,706 and an EBITDA of GBP 2,329,513.

The company generates revenue through a combination of project-based contracts and service agreements within the marine engineering sector, typically engaging clients on a B2B basis for specific project phases, leveraging its expertise and equipment. Red7Marine Ltd. aims to expand its market presence in Europe by targeting new geographical regions due to growing demands for marine infrastructure projects. The acquisition enables Ancora Group to expand its marine engineering capabilities and geographic presence across the UK.

Specific timelines for these developments have not yet been disclosed, but the focus will be on enhancing existing capabilities and addressing the needs of diverse client projects.