Ramón y Cajal and Cuatrecasas advise on the acquisition of Marina Lanzarote
Buenavista Infrastructure and Nauplia Capital have acquired a majority stake in Marina Lanzarote, a marina located in Naos Bay, Arrecife.
Marina Lanzarote is a facility with 378 moorings for rent, 84 commercial premises and terraces. It also has the only superyacht shipyard in the Canary Islands, with an area of 16,920 m². In total, the marina occupies almost 100,000 m² in a privileged location on the island.
Calero Marinas will remain a shareholder and will continue to jointly manage the asset’s operations with Nauplia Capital.
The transaction was executed through URUK Capital, a vehicle specialising in the development of marinas in Spain and Portugal, jointly backed by Buenavista and Nauplia Capital.
Advisors
Ramón y Cajal Abogados advised its clients Buenavista Equity Partners (formerly GED Capital) and Nauplia Capital. The transaction was led by M&A partners Miguel García Stuyck and Tomás Peña Grande, and senior associate Julia Vernis Prat.
Cuatrecasas advised Puerto Calero Marina. The firm team responsible for providing advice consisted of lawyers Rafael Hidalgo, Óscar Martín and Javier Blanco from the Corporate practice, together with Eduardo Caruz and Rafael Ruiz Alpresa from the Public practice.