In between, Sealine's new boat sales staff in the UK, Spain and Germany were offered counselling and support services. "We are grateful for the efforts of these employees, and we will do all that we can to help them in their transition to other employment, " said Sealine managing director, Rick Stone.

Peters will initially represent Sealine at several locations in the UK as well as Mallorca, Spain.

"B A Peters has long been one of the premier marine dealers in Europe and we are very pleased to add its prestigious name to our dealer network, " said Stone.

Peters will initially represent Sealine from its retail outlets in Chichester, Gosport and Mallorca, Spain and will be launching its representation of Sealine at the London Boat Show.

"We've been working on this deal for a long time, " smiled Brian Peters.