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Wednesday, April 17, 2024

Cuatrecasas advises Arbor on its investment in Barcelona´s Marina Vela

Cuatrecasas advised Arbor Investments S.à.r.l., a company belonging to one of the Incus Capital investment funds, on the acquisition of a majority stake in the share capital of Port Med Barcelona S.A., the concessionaire of the Marina Vela

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Cuatrecasas advised Arbor Investments S.à.r.l., a company belonging to one of the Incus Capital investment funds, on the acquisition of a majority stake in the share capital of Port Med Barcelona S.A., the concessionaire of the Marina Vela marina in Barcelona, as a result of a partial debt capitalisation agreed with the company. With three docks and identical pontoons with moorings for boats, a dry marina and several leisure and restaurant facilities, “Marina Vela” is located in one of the most privileged areas of the Barcelona coast.

The entry of the Incus Capital fund in the share capital of Port Med Barcelona, S.A. has been the result of a partial capitalisation of the debt that this company contracted with Incus Capital in 2016 to finance the construction and development of the business project. This is a corporate operation that has the authorisation of the Barcelona Port Authority and contributes to strengthening the company’s financial solvency and its commitment to the agreements reached within the framework of the concession.

Cuatrecasas´team was made up of partners Juan Aguayo and León López, together with lawyers Carlota Tojo, José Magán and José Ignacio López de Haro.

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