‘This investment will assist us to expand our range of catamarans to four models and increase the level of output through improved manufacturing facilities,’ said Broadblue MD, Robert Underwood. ‘We can now strengthen the brand internationally through promotion of the strong reputation we have built for producing high quality, blue water catamarans.’

The existing members of the board of directors, Robert Underwood, Mark Elliot and Stuart Davidsen will be joined by two members of the equity partners to create a powerful team well versed in design, production, finance and marketing. Manufacturing will continue at its current facilities in UK and Poland.