7 October 2016

The Barcelona refit shipyard Marina Barcelona 92 (MB‘92), one of the world’s largest maintenance facilities for luxury yachts up to 220m announced today that D-Marin Investments Holding, a subsidiary of the Turkey-based Doğuş Group hastaken a 70 per cent stake in the business.

The investment, which values MB’92 at €80 million, has been secured to develop increased international presence in both the Mediterranean and across the Atlantic, as well as to fund internal projects, including the installation of a second shiplift. MB’92’s current management team retains a 30% interest and will continueto control daily operations of the shipyard. The shipyard, whose footprint includes a land area of 76,000m2 and 40,000m2 of water surface in the Port of Barcelona, is one of the most important of its kind in the Mediterranean.

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John Smith

MB’92’s current management team retains a 30% interest and will continueto control daily operations of the shipyard. The shipyard, whose footprint includes a land area of 76,000m2 and 40,000m2 of water surface in the Port of Barcelona, is one of the most important of its kind in the Mediterranean.

The investment, which values MB’92 at €80 million, has been secured to develop increased international presence in both the Mediterranean and across the Atlantic, as well as to fund internal projects, including the installation of a second shiplift. MB’92’s current management team retains a 30% interest and will continueto control daily operations of the shipyard. The shipyard, whose footprint includes a land area of 76,000m2 and 40,000m2 of water surface in the Port of Barcelona, is one of the most important of its kind in the Mediterranean.