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New Deal


Announced

Completed

CVC to acquire business units of D-Marin from Dogus Group for £312m.

Financials

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Transaction Value£312m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Croatia

marinas

Greece

marina operator

United Arab Emirates

Recreational Services

Friendly

Private

Single Bidder

Private Equity

Acquisition

Majority

Cross Border

Completed

Synopsis

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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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