MB92 Completes Acquisition of GYG Limited with KPMG Abogados' Support

Deal News | Jan 16, 2025 | Iberian Lawyer

MB92 Completes Acquisition of GYG Limited with KPMG Abogados' Support

KPMG Abogados has played a crucial advisory role for MB92 (Marina Barcelona 92) in the acquisition of GYG Limited. With expertise in tax due diligence and tax structuring, KPMG facilitated the strategic purchase of GYG Limited, a leading company in the painting, supply, and maintenance of superyachts. GYG Limited operates under the brands Pinmar, Pinmar Yacht Supply, and Technocraft, providing comprehensive services across the Mediterranean, Northern Europe, and the United States. The transaction was managed by a seasoned team from KPMG Abogados, including partners Ignacio Font and Carlos Heredia, along with senior managers Joaquin Roger and Luis Noguera.

Sectors

  • Superyacht Services
  • Advisory Services

Geography

  • Spain – MB92, the acquiring company, is based in Barcelona, Spain.
  • United Kingdom – GYG Limited, the acquired company, operates across regions including the Mediterranean, Northern Europe, and the United States.

Industry

  • Superyacht Services – The acquisition involves GYG Limited, which specializes in superyacht painting, supply, and maintenance services.
  • Advisory Services – KPMG Abogados provided critical tax advisory support for the acquisition, indicating involvement in professional advisory services.

Financials

    Participants

    NameRoleTypeDescription
    GYG LimitedTarget CompanyCompanyA leader in painting, supply, and maintenance of superyachts, operating mainly under the Pinmar, Pinmar Yacht Supply, and Technocraft brands.
    MB92Bidding CompanyCompanyMarina Barcelona 92, engaged in the acquisition of GYG Limited with KPMG Abogados' assistance.
    KPMG AbogadosLegal AdvisorCompanyProvided tax due diligence and structuring services for the acquisition deal.
    Ignacio FontPartnerPersonPartner at KPMG Abogados involved in the transaction.
    Carlos HerediaPartnerPersonPartner at KPMG Abogados involved in the transaction.
    Joaquin RogerSenior ManagerPersonSenior Manager at KPMG Abogados involved in the transaction.
    Luis NogueraSenior ManagerPersonSenior Manager at KPMG Abogados involved in the transaction.