Cuatrecasas has advised Puerto Calero Marinas S.L., a leading operator with over 30 years of experience managing marinas in the Canary Islands, on the sale of a majority stake in Marina Lanzarote—a shipyard located in the Bay of Naos (Arrecife)—to Uruk Capital S.L., Torrblas S.L., GED Infraestructuras Iberia FCR, and Buenavista Infraestructuras Coinversión I SCR SA.

Through this transaction, Calero Marinas brings on board a strategic partner for Marina Lanzarote while retaining an ownership stake and continuing to manage the marina’s day-to-day operations alongside Nauplia Capital, ensuring the preservation of local know-how. Uruk Capital will also strengthen its position as a specialised vehicle for the maintenance and development of marinas in Spain and Portugal.

A Strategic Hub

Covering nearly 100,000 m² in a prime area of the island, Marina Lanzarote is a strategic facility that combines three core lines of business: 378 rental berths, 84 commercial units and terraces, and the only superyacht shipyard in the Canary Islands, covering 16,920 m².

The Cuatrecasas team advising on the transaction was led by lawyers Rafael Hidalgo, Óscar Martín, and Javier Blanco from the Corporate group, together with Eduardo Caruz and Rafael Ruiz Alpresa from the Public Law team.

“For Calero Marinas, it was essential to bring in a strategic partner who understands the importance of Marina Lanzarote for the local community and nautical development. Through this transaction, not only does Calero remain actively involved in Marina Lanzarote’s operations, but it also strengthens the marina’s position and international outlook by adding the experience of an investor with a solid track record in the sector,” said Rafael Hidalgo about the deal.

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