Doğuş buys controlling stake in Greek marina

ISTANBUL - Reuters

ID-Marin has three marinas in Turkey and is projecting to add a new one.

Doğuş Group’s marina company, D-Marin, has bought 51 percent of Greece’s largest marina chain MedMarinas S.A., owned by Kiriacoulis.

D-Marin, the largest international marina chain in the Eastern Mediterranean and Adriatic Sea, increased its capacity with 3,355 more moorings including the Gouvia, Lefkas and Zea marinas owned by MedMarinas S.A. After the partnership, D-Marin has raised its yacht capacity to 8,498 yachts among Greece, Croatia and Turkey, the investment countries.

Regarding their domestic operations, the company announced they are aiming to initiate the construction of a D-Marin marina in Dalaman.

Last week, D-Marin announced that it bought 6.92 percent of shares in the Adriatic Croatia International (ACI) Group, the largest marina chain of the Mediterranean.