Bailey Group News

Strong 2010 Forecast for A&P After Buyout

A&P Group, a UK commercial ship conversion and repair company now headquartered in Cardiff, moves into 2010 with a strong order book for projects ranging from defence to sustainable energy. A&P was taken over last July by the Cardiff-based Bailey Group, headed by property developer and entrepreneur Paul Bailey. He previously held a 50 per cent stake in A&P, which has moved to new corporate offices at Cardiff Gate. The shipping group, with UK sites at Tyne, Tees and Falmouth, has scored major successes this year, including a $88.3m Ministry of Defence contract and the refit and conversion of a medical ship – the largest single project of its kind in Royal Fleet Auxiliary history.