MB92 Group, a leading superyacht refit specialist, is significantly expanding its Mediterranean presence with a multi-million euro investment in its newly acquired Golfe-Juan shipyard. Located on the French Riviera, approximately 70 nautical miles east of La Ciotat, the facility is now operational, providing refit, maintenance, and repair services for yachts up to 43 meters. The move aims to enhance MB92's refit capacity in the Mediterranean and meet the growing demands of the superyacht industry.The investment, totaling €5 million, will be focused on modernizing the Golfe-Juan facility. Plans include building renovations, restoration of hard-standing areas, and the implementation of advanced pollution-prevention infrastructure. This follows the recent certification of the shipyard's new 240-tonne travel lift, which enables MB92 Golfe-Juan to accommodate up to 16 yachts of up to 43 meters simultaneously.Rob Papworth, Managing Director of MB92 La Ciotat, expressed confidence in replicating the success of their La Ciotat operations at the new Golfe-Juan location. "Our experience with the 300t Origins platform in La Ciotat has proven the value of a flexible, client-focused approach, and I am confident we can replicate the same success in Golfe-Juan," Papworth stated . He further emphasized that clients will benefit from MB92 Group's substantial investment in the site, access to their extensive network of global and local providers, and project support from the La Ciotat team.Philippe Escousse, a former skipper with extensive yacht refit experience, has been appointed as the site manager to oversee the transformation. His responsibilities include integrating MB92's operational efficiencies while ensuring continuity for existing clients. He will be supported by a team of over 15 professionals from the previous shipyard.MB92 Golfe-Juan specializes in a comprehensive range of services, including mechanical and electrical engineering, painting, carpentry, and full rebuilds . Situated between Cannes and Antibes, the shipyard is strategically positioned to serve the yachting community along the French Riviera.The launch of MB92 Golfe-Juan coincides with a comprehensive redevelopment of the Camille-Rayon port, led by D-Marin. This initiative aims to transform the port into a high-performance service hub, meeting the demands of clients for both superior infrastructure and environmentally responsible practices.Corinne Reynaud, Global Chief Financial Officer at D-Marin and President of D-Marin France, highlighted the significance of this collaboration: "As we continue to enhance the capabilities of the Camille-Rayon port, the opening of MB92 Golfe-Juan marks an exciting new chapter in our commitment to delivering exceptional infrastructure and services."For 25 years the MB92 Group comprises the refit and repair shipyards MB92 Barcelona and MB92 La Ciota. Both sites offer unrivalled facilities and employ a workforce of over 300 in-house professionals. In 2019, MB92 was acquired by Squircle Capital, a European alternative investment firm focused on private equity and real estate value-add investments. Credits: MB92 Group
February 27, 2025