Monaco Marine and American group Safe Harbor Marinas have entered into exclusive negotiations with a view to a merger.
Consultation is currently underway with employee representatives and is subject to regulatory approvals.
If approved, the transation will result in Safe Harbor Marinas acquiring 100% of the share capital of Monaco Marine SA and see the company expand into the European market.
The proposed acquisition will also provide opportunities for Monaco Marine to further develop its shipyard market.
“In a rapidly growing yachting market, Safe Harbor Marinas has expressed its intention to leverage the Monaco Marine network to develop its business in Europe, thanks to the synergies between the two groups,” said Monaco Marine in a statement.
“In particular, this merger would enable Monaco Marine to extend its network of shipyards.”
Acquisition
Safe Harbor Marinas is headquartered in Dallas, Texas, and owns and manages 139 marinas and shipyards in the United States and the Caribbean.
The announcement follows the acquisition of Safe Harbor Marinas earlier in 2025 by Blackstone Infrastructure for $5.65 billion.
Monaco Marine was founded in 1995 in Monaco by Michel Ducros, Monaco Marine is a leading network of shipyards across nine locations around the Mediterranean including Monaco, Saint-Laurent-du-Var, Beaulieu-sur-Mer, Cogolin in the Gulf of Saint-Tropez, La Ciotat and the Côte d’Azur.
The organisation offers services ranging from maintenance to complete refits for recreational boats and superyachts from 10 to 90 metres.
Further details of the proposed acquisition are expected in the coming weeks.
