Yacht firm is singled out for special praise at business awards
PUBLISHED: 08:58 26 February 2019 | UPDATED: 15:57 26 February 2019
Boat builder Oyster Yachts, which almost went bust last year, was singled out for special praise at the North Norfolk Business Awards.
A special ‘chairman’s award’ was presented to the firm, which has a boatyard at Hoveton, by North Norfolk District Council chairman Nicholas Coppack at the ceremony at Gresham’s School in Holt on February 21.
Mr Coppack praised the inspiring journey of the firm, which collapsed with the loss of 180 jobs in February, before it was bought out of liquidation by gaming entrepreneur Richard Hadida.
Oyster went on in November to open a new facility for moulding hulls in nearby Ashmanhaugh, creating 23 new jobs.
This was the second year the council has run the awards, aimed at shining a light on the scope and success of the district’s firms.
It was hosted by Norfolk Chamber of Commerce chief executive Chris Sargisson, who said: “I was delighted to be able to join this celebration of the best in business.
“The quality of entries was fantastic and showed just what a thriving district North Norfolk is.”
MORE: Oyster Yachts creates 23 new jobs with hull-moulding facility in north Norfolk
Category winners were: Crop Systems - agriculture, horticulture and countryside, sponsored by Lovewell Blake; Crisp Malt - business growth, sponsored by Four; Margins Walking and Glamping Holidays - environment, sponsored by Fakenham Racecourse; Chell Instruments - innovation, sponsored by Archant; Archangel Distilleries - new business, sponsored by Eastlaw; The Norfolk Brewhouse - small business, sponsored by Menta; Norfolk Cottages - tourism and hospitality, sponsored by Thursford; Holkham Estate - young people and skills, sponsored by New Anglia LEP.
The winners showed a wide range of firms are thriving in the region. Happisburgh-based Crop Systems provides services for the UK’s potato industry, while family-owned Norfolk Cottages has become the fourth biggest holiday lettings agency in the country.
Councillor Sarah Butikofer, the council’s leader, added: “It was a tremendous night and it was great to see so many businesses from our district doing well.
“The quality of all the shortlisted businesses was inspiring, and demonstrated just how many success stories we have in north Norfolk.”