Announced
Completed
Financials
Sources
Tags
Croatia
marinas
Greece
marina operator
United Arab Emirates
Recreational Services
Friendly
Private
Single Bidder
Private Equity
Acquisition
Majority
Cross Border
Completed
Synopsis
CVC is set to acquire the Greek, Croatian and the UAE businesses of D-Marin, an operator of premium yacht marinas from Dogus Group, a Turkish conglomerate for £312m. "I am proud of the success achieved by D-Marin to date. Working with Dogus Group we have put in place a solid foundation, on which we will now plan to build a global group. We are delighted to have secured the support of CVC, a leading global investor, to expand D-Marin internationally and take the company to the next level," Burak Baykan, D-Marin CEO.
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