Calero Marinas incorporates strategic partner to strengthen Marina Lanzarote

Cuatrecasas has advised Puerto Calero Marinas S.L. (“Calero Marinas”)—a leading operator with over 30 years’ experience managing leisure marinas in the Canary Islands—on selling a majority stake in Marina Lanzarote, a shipyard 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 specialized vehicle for the maintenance and development of marinas in Spain and Portugal.

A strategic facility

Extending nearly 100,000 m² in one of the island’s prime locations, Marina Lanzarote is a strategic facility combining three business lines: 378 rental berths, 84 commercial units and terraces, and the only superyacht shipyard in the Canary Islands, covering 16,920 m².

The Cuatrecasas advisory team was made up of lawyers Rafael Hidalgo, Óscar Martín and Javier Blanco (Corporate), together with Eduardo Caruz and Rafael Ruiz Alpresa (Public Law).

Rafael Hidalgo spoke about the transaction, “For Calero Marinas, it was essential to bring in a new strategic partner that understands Marina Lanzarote’s importance for the local community and nautical development. Through this transaction and by adding an investor with extensive experience in the sector, Calero Marinas will remain actively involved in Marina Lanzarote’s operational management and also strengthen its position and international reach.”