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March April 2020 Marina World

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The magazine for the marina industry


WORLD LEADING SPECIALISTS IN GLOBAL MARINA SOLUTIONS CELEBRATING Serving the most iconic marinas in the world for three decades Providing reliable solutions appreciated by both marina operators and users Innovators and designers of revolutionary marina management technology For more details contact Rolec’s technical / support / sales team or visit your local electrical wholesaler @RolecMarina t: 01205 724754 / Rolec-Services e:

CAHM&PC: save the dates USA: The California Association of Harbor Masters & Port Captains (CAHM&PC) holds its annual training conference and trade show, the longest running marina, port and harbour conference in California, on 21 st -23 rd October at Sheraton San Diego Hotel & Marina, San Diego. The event is geared towards both public and private marina and boatyard owners, operators and managers; as well as harbour masters, dock masters and all levels of staff requiring training and industry updates. The trade show features industry consultants and suppliers of everything needed for marina, port and harbour CVC invests in D-Marin MED & MIDDLE EAST: CVC Capital Partners, a Luxemburg-based private equity firm, has agreed to buy D-Marin’s Greek, Croatian and UAE businesses from the Turkish Dogus Group. The purchase will be made via CVC Fund VII. D-Marin’s share in Flisvos Marina (Greece) is excluded from the deal as co-owner Lamda Development recently bought out D-Marin’s share and is now sole owner. Headquartered in Istanbul, Turkey, D-Marin, under concessions or management agreements, is an international operator of premium yacht marinas in Croatia, Greece, Montenegro, Turkey and the UAE. All marinas in Turkey (Turgutreis, Didim and Göcek) will remain under the ownership of Dogus Group and will continue to be managed by D-Marin. Istvan Szöke, managing partner at CVC Capital partners, said: “As our first investment in the sector, we have been attracted to D-Marin given it is a geographically diversified operator of well-invested premium marinas in the Mediterranean and the UAE. Using CVC’s global network and experience in growing companies internationally, we intend to create the leading global premium marina operating company through both organic growth and acquisitions.” D-Marin CEO, Burak Baykan, commented: “I am proud of the success achieved by D-Marin to date. Working with Dogus Group, we have put in place a solid foundation, on which we will now plan to build a global group. We are delighted to have secured the support WORLD NEWS operations, from hardware for the docks to software for managing operations at peak efficiency. The event is aimed at an audience beyond California, to the entire western states, Canada and the Pacific. Registration is now open at www. First-time attendees can attend at member rates. of CVC, a leading global investor, to expand D-Marin internationally and take the company to the next level.” UK-based Marina Solutions International (MSI) acted as marina consultants for CVC. MSI’s scope of works included undertaking site condition assessment audits of all ten D-Marin marina operations across Croatia, Greece and Turkey. In addition, the company assisted in identifying potential new marina sites over a period of nine months. MSI director, James Beaver, said the consultancy was delighted to have been appointed to represent CVC interests. “Marina ownership and operations is a specialist business, and MSI was wellplaced to offer its extensive industry knowledge and experience and assist the CVC team in understanding the intricacies of marina acquisition and ownership,” he explained. D-Marin has owned and operated marinas in the Mediterranean since 2003 but only recently diversified into the UAE, providing management services to several existing marinas and, most notably, the new 1,100 berth Dubai Marina. - March/April 2020 11 Advanced Dock Systems Designed with Purpose. EXPERT DOCK BUILDER AND MARINE CONTRACTOR 800-733-5679

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