The Rothen Group, a Warwickshire-based civil engineering and waterways contractor, has bought the 2.2-acre marina near Tamworth from marina operator ABC Leisure Group.
Situated at the junction of the Birmingham and Fazeley Canal and Coventry Canal, Fazeley Mill Marina is currently used for moorings.
The new owners plan to invest in the site’s infrastructure, with a focus on upgrading and replacing mooring facilities.
Ian Rothen, managing director of The Rothen Group, said: “Fazeley Mill Marina marks a significant new chapter for The Rothen Group.
“It’s already a popular spot for mooring, given its central location and local amenities, and we’re excited to start work on bringing improved facilities to its users.
“As a company, we’re very passionate about protecting the UK’s historic canals and waterways.
“We’ll therefore be using the marina as a new strategic base to enhance our operations, bringing us closer to Birmingham and hundreds of miles of critical canals.”
Carl Onens, managing director of ABC Leisure Group, added: “We’re pleased to have completed the sale of Fazeley Mill Marina to The Rothen Group.
“As part of our strategy to focus on inland waterway marinas for holiday lettings, we believe The Rothen Group’s plans for Fazeley align with the best interests of both the marina and the wider UK waterways network.”
