The company was founded in 1990 and now has 67 staff in Taupō and Kinloch, Turangi, Napier, Invercargill and Wānaka, selling boats and Weber barbecues and operating marine servicing workshops.
Firman Marine had operated in Napier more than 50 years, for many years at a Pandora Rd site before moving to Prebensen Dr, where the Trev Terry Marine takeover took effect on November 1, 2022.
But the purchase did not include Firman’s Profile Boats manufacturing business which continued to be run by Brian Firman and his team from a nearby factory in Niven St, Onekawa.
Trev Terry Marine’s continuation through the crisis includes a presence at the Wanaka Boat Show this week.
Burrett said the first receivers’ report, expected in a few months, would outline more details about who was owed money and what might have caused the business’ problems.
The company says its workshop is “still going strong, and we’re proud to be your trusted partners in keeping your boats in top shape”.
Doug Laing is a senior reporter based in Napier with Hawke’s Bay Today, and has 50 years of journalism experience in news gathering, including breaking news, sports, local events, issues, and personalities.