Inverlussa acquires majority stake in LCL Shipping
A MULL-based marine services company has acquired the majority shareholding in local company LCL Shipping.
Inverlussa said it was delighted to strengthen its feed logistics operations and expand its presence in Shetland.
LCL Shipping is a well-established business, based in Whalsay, specialising in the transportation of aquaculture feed throughout Shetland.
The company has built a strong reputation and will continue to operate under its name.
Inverlussa managing director Ben Wilson said that, as part of the transaction, the new owners will assume full day-to-day management of the business, while Biomar Ltd will retain its 40 per cent shareholding.
“This acquisition is about investing for the long term,” Wilson said.
“LCL has a highly experienced team, strong customer relationships and an excellent operational track record. We believe bringing our businesses together creates an even stronger platform to support Scotland’s aquaculture sector.
“Shetland is a hugely important part of the Scottish salmon industry, and this investment demonstrates our commitment to the islands and to providing customers with reliable, high-quality marine services for many years to come.”
The acquisition adds a further three vessels to the group’s fleet.LCL Shipping’s existing crew will remain in place, ensuring continuity of service for customers while benefiting from the additional operational support, resilience and investment, Wilson added.
The acquisition follows Inverlussa’s recent investment programme, including three new hybrid vessels currently under construction, which are due to enter service during 2027.
Following the acquisition, the company now employs around 146 people and owns a fleet of 23 vessels, providing a wide range of marine services to the aquaculture industry across Scotland.
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