SuperyachtNews.com - Business - Pendennis announces investment in Vilanova Grand Marina

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Pendennis announces investment in Vilanova Grand Marina

Pendennis has announced a major investment in the Barcelona-based marina…

Pendennis, the British superyacht new build and refit specialist, has announced a major investment in Vilanova Grand Marina, Barcelona. Vilanova Grand Marina has 49 superyacht berths available for vessels between 25-130m with a maximum draft of 6.5m. However, until Pendennis announced its investment in the facility, the marina had been lacking a technical centre in order to service these superyachts and others that may be in the region.

“For Pendennis, the investment in Vilanova is representative of our organic growth because it will be servicing a market that we have more and more contact with and, a lot of the time, these vessels spend much of their time in and around the Mediterranean, so we need to be able to provide the best support we can in that area,” starts Mike Carr, joint managing director of Pendennis. “The facility is next to at least three major yachting centres and so for us it seemed like an obvious place to invest. Vilanova is fantastic marina, but it is yet to reach its full potential because it doesn’t have a technical centre attached to it – although one was always planned.”

According to Carr, Pendennis has been looking for potential investment opportunities for some time. Having already been contacted by a number of other candidates, it was decided that Vilanova was an ideal match for Pendennis’ aspirations.

“Logistically, Vilanova is perfect. Flying from either Bristol or Exeter to Barcelona is easy and it is just as simple to truck supplies to the facility because there is only one crossing,” continues Carr. “The investment is going be several million pounds, but we also want to see the facility generating a return as quickly as possible.”

The first stage of the investment will be to create a large concrete area, which had already been planned to implemented at the facility. The concrete service area will be catered to by a 600 to 750-tonne hoist. The hoist will enable Pendennis to operate a hard-standing area that will be able to cater to 10-15 superyachts in Pendennis’ target 45-60m range. All being well, the facility should be ready to accept superyachts starting from next winter.

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Pendennis announces investment in Vilanova Grand Marina

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