Marina Estrella reinforces its capital with new investors

Marina Estrella, one of the leading yacht distributors and brokers in the Iberian market, has recently reinforced its shareholding structure and capital, with the entry of the French investment fund Hoche Partners and new shareholders.

The entry of new Spanish investors and Hoche Partners as shareholders endorses the strategy of the company, which has in the past two years gone through a major restructuring, reorganisation, professionalisation and modernisation, led by its CEO, Francisco Rivas.

Francisco Rivas, former CEO of Rodman, president and founder of ANEN and the Spanish National Association of Marine Industries, and strategy consultant and manager of major companies from different sectors in Spain, has been confirmed in his position as CEO of Marina Estrella.

Francisco stated, "The confidence in the project by the new shareholders will drive the challenges we will face in the new era that now opens for Marina Estrella. These challenges will consist mainly to consolidate our leading position in the import and distribution of our nine premium yacht brands; Azimut Yachts, Atlantis, Magellano, Benetti, Cobalt, Hanse, Moody, Sacs and Minorchino, in Spain and Portugal, and our brokerage, charter and services divisions, to which we are adding a strong commitment to our international development and the entry into the field of marinas management, with several projects already under evaluation. We are very pleased with the incorporation of the new shareholders and what it means in reinforcing the capital structure of the company to support our strategic business plan".

For more information, visit Marina Estrella.