Punta Faro Marina to join the expanding D-Marin network as the marina group enters Italy
by D-Marin 8 Jul 2022 07:53 PDT
D-Marin, a premium marina network, has today announced the signing of an agreement to acquire Punta Faro Marina in Italy as its 16th marina.
The transaction is the marina group's first investment in the country, as it continues its mission to expand its offering across the Mediterranean and Gulf regions.
Punta Faro Marina is based in Lignano Sabbiadoro, near Venice, Italy, where the waters of the Marano Lagoon and the Adriatic Sea meet. With 1200 berths, the marina is one of the largest marinas in the Northern Adriatic and is home to yachts of up to 40 metres. D-Marin's aim is to welcome Punta Faro clients to the D-Marin experience this summer.
Commenting on the acquisition, Oliver Dörschuck, CEO of D-Marin said: "We are delighted to have signed an agreement with such an impressive marina. Punta Faro is a welcome extension of our network, providing additional sailing destinations for both our new and existing clients, given our marinas in nearby Croatia. The addition of Punta Faro is our first step in growing our presence in Italy."
Paola Piovesana, Director, at Punta Faro Marina added: "This is an exciting time for Punta Faro Marina and its customers as we join the well-established D-Marin network and align our offerings. Our customers will really benefit from being a part of this network of premium marinas and will enjoy the highest professional standards and the benefits of a company that is constantly striving to innovate and become the market-leader in the marina industry."
Punta Faro expands the D-Marin network to a collection of 16 premium marinas in six countries across the Mediterranean and Gulf regions. D-Marin offers comprehensive marina management, marina development and has a single focus of enriching the yachting experience of customers.
Piovesana Holding S.r.l. was advised by law firm Gianni & Origoni and Bonamigo Studio Associato. D-Marin was advised by Latham & Watkins, PwC and Studio Legale Tributario Facchini Rossi Michelutti.