Marina Barcelona 92 (MB92) has signed an agreement with Blohm+Voss, part of the Lürssen Group, to acquire their remaining 51% stake in Blohm+Voss La Ciotat, the exclusive operator of the dry dock at La Ciotat Shipyard in France.
The acquisition allows MB92 to merge all its activities in La Ciotat with Compositeworks SAS, with all employees being integrated into the new structure. As part of the agreement, the existing offices and facilities on site, including the 200m dry dock, will remain in full operation under the management of the newly formed organisation.
MB92, with headquarters in Barcelona, Spain, will oversee the merging and rebranding process, involving the phasing out of the Blohm+Voss La Ciotat brand, to be completed by the end of September 2018.
MB92 says the acquistion demonstrates its commitment to La Ciotat as a key hub in the Mediterranean for future development. The company also hopes to be selected in the near future by La Ciotat Shipyards to be the major user of the upcoming 4000-tonne platform which should be delivered by 2021.
According to a statement, this is all in line with MB92's strategy to grow, improve and provide the best superyacht refit and repair service, with clients benefiting from the combined resources, expertise and experience.
MB92 says it remains committed to its long-standing working relationship with the Lürssen Group, with agreements extending to all facilities within the MB92 Group. “The two organisations will continue supporting each other and passing on all added value to their clients,” the statement says.