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 the seller.
