Peel Holdings has purchased the Cammell Laird shipyard from Reddington Finance for a reported £100m.
The 52-hectare site benefits from a deep water channel, dry docks, wet basin and warehouses. Ian Pollitt, of Peel Holdings, said: "The Cammell Laird site is an ideal opportunity to continue the expansion of Peel's port business here in Merseyside".
Peel intends to retain the industrial heritage of Cammell Laird and invest for growth and employment in various technical and port activities for the site. Around 14 tenants already occupy the site and they will be unaffected by the change in ownership.