By Jaroslaw Adamowski
Turkey’s Dogus Group and Croatian Adris Group are reportedly interested in acquiring Croatia’s leading marina operator ACI. The Croatian state could obtain at least HRK 300m (US$52.5m) for selling a 50% stake in the operator to one of the entities, reported local news daily Vecernji List.
ACI currently operates 21 marinas in the local market. The facilities are fitted with a combined capacity of 6,079 berths, according to data from the firm. ACI’s shareholders include the Croatian Treasury, with 79% of the shares, and Dogus Group, which holds a 11% stake in the operator.
Local observers expect the deal could take place in 2015.
The reports come following the launch of a major investment by ACI. This October, the company started construction works on a new marina in Slano, on the country’s Adriatic Sea shore. Under the plan, the facility will be fitted with 200 berths for craft with a length of between 11m (36ft) and 25m (82ft). The investment is to be worth about HRK 60m (US$10.5m), and construction works will be performed by local firms Pomgrad inzenjering and Lavcevic.