Barcelona-based Marina Barcelona 92 (MB92), the superyacht refit and repair specialist company, has acquired a 75% shareholding in Compositeworks, the French refit shipyard.

Compositeworks is based at La Ciotat, on the French Riviera, together with German company Blohm+Voss, which MB92 partnered with at the beginning of the year to manage its shipyard.

Cuatrecasas, in collaboration with French law firm Gide, advised MB92 on this transaction through a team made up by the Corporate and Commercial Practice, led by partner Miguel Trías and senior associate Albert Trías de Bes for the transaction structuring and commercial aspects, and by the Finance Practice, led by partner Manuel Follía for the banking and financial aspects. The Gide team in Paris was led by partner Anne Tolila, assisted by senior associate Paul Jourdan-Nayrac.

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