Further to continued growth, MB92 now looks towards a new phase of expansion…
Marina Barcelona 92 (“MB92”), a specialist superyacht refit, repair and maintenance group, have announced that Squircle Capital, a European alternative investment firm focused on private equity and value-add real estate investments, has acquired 77.5 per cent of MB92. The transaction, which has received regulatory approval, is expected to close, subject to customary closing conditions, within the coming weeks.
Over a period of 25 years, MB92 has affirmed itself as a leader in the superyacht refit industry, by skilfully expanding its operations and client base. In 2017, the company acquired a majority stake in Compositeworks and Blohm+Voss La Ciotat, and subsequently merged these businesses to create MB92 La Ciotat in 2018.