Lewmar Marine plc is the holding company of Lewmar and Navtec whose principal business is the manufacture and distribution of deck equipment and rigging for leisure boats. In July of this year Navtec was integrated into Lewmar to become a branded division of the company.

The company says this simplified the group’s channel to market and supply chain, increasing market reach and reducing overhead costs.

Lewmar and Navtec combined have four factories and nine sales subsidiaries, offering customers significant manufacturing resources and technical support, according to O’Connell.

‘The name change is yet another step in our efforts to promote Lewmar as a global brand,’ he said.