Safe Harbor Marinas Expands with Monaco Marine Acquisition
Deal News | Aug 01, 2025 | PR Newswire Cision Safe Harbor Marinas, LLC
Safe Harbor Marinas, the world's largest owner and operator of marinas, has announced its expansion into the Mediterranean by acquiring Monaco Marine. This acquisition adds nine significant locations in Southern France and Monaco to Safe Harbor's network, enabling them to provide services to yachts and superyachts up to 90 meters in length. Monaco Marine, established in 1995 by Michel Ducros, is renowned for its exemplary services, sustainability culture, and strong relationships with yacht owners, captains, and builders worldwide. The acquisition aims to enhance Safe Harbor's service provisions in prestigious destinations like Saint Tropez, Antibes, and Monaco, expanding its portfolio to 149 marinas and shipyards across desirable coastal locations globally.
Sectors
- Marine Services
- Tourism and Hospitality
Geography
- Mediterranean – The acquisition expands Safe Harbor's services across significant Mediterranean locations, including Monaco and Southern France.
- United States – Safe Harbor Marinas is based in Dallas, indicating its North American roots expanding into European markets.
Industry
- Marine Services – The article focuses on Safe Harbor Marinas' acquisition of Monaco Marine, indicating a strong emphasis on marine and yachting services.
- Tourism and Hospitality – With the expansion into key Mediterranean locations like Monaco, the acquisition supports tourism and high-end hospitality through enhanced yachting services.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Safe Harbor Marinas, LLC | Buyer | Company | The largest owner and operator of marinas globally, based in the United States. |
| Monaco Marine | Target | Company | A leading Mediterranean network offering services to yachts, founded by Michel Ducros. |
| Baxter Underwood | CEO | Person | CEO of Safe Harbor Marinas, overseeing its expansion strategy. |
| Michel Ducros | Founder | Person | Founder of Monaco Marine, established in 1995. |