MB92 Group
MB92 Group is the world's largest superyacht refit and repair operator, running four shipyards in Barcelona, La Ciotat, Golfe-Juan, and Red Sea. It serves owners, captains, and management companies of 30–115m yachts with integrated project management, technical, interior, painting, and major refit services.
- Company typePrivate
- Founded1990
- HeadquartersBarcelona, Spain
- Headcount101–250
- GTM typeB2B
- OfferingServices
What MB92 Group does
MB92 Group is the world's largest superyacht refit and repair group, formed in 2018 through the merger of MB92, Compositeworks, and Blohm & Voss La Ciotat. Founded in 1990 in Barcelona as Marina Barcelona 92, the Group now operates four shipyards — Barcelona (Spain), La Ciotat (France), Golfe-Juan (France), and Red Sea (Saudi Arabia) — and serves owners, captains, crew, and management companies of superyachts typically ranging from 30m to 115m LOA. Its asset base includes the 4,800-tonne shiplift in Barcelona and the 4,300-tonne platform in La Ciotat, the two largest purpose-built superyacht lifting facilities globally, alongside dedicated paint sheds, dry docks, and a 300-tonne travel lift for the mid-size segment served by the 300t Origins sub-brand. Services span project management, technical expertise, interiors, painting, general works, and major refits, supplemented by a digital client portal (The Bridge by MB92), bonded warehouse customs status, sustainability services under the 'Refit for the Future!' programme, and acquired supply brands (Pinmar, Pinmar Yacht Supply, Technocraft) following the 2025 GYG Limited acquisition.
Revenue is generated through project-based, bespoke pricing tied to yacht size, scope, and duration, sold through dedicated Senior Business Development Managers and Commercial Directors at each shipyard, with demand generation concentrated at industry events such as the Monaco Yacht Show and METS Trade. The Group leverages a curated network of 1,700+ trusted suppliers and technical partners — including on-site service centres from Van Berge Henegouwen (AV/IT), Heinen & Hopman (HVAC), Quantum Marine Stabilizers, Royal Van der Leun, and Reflow Marine — to deliver integrated solutions under one roof. Since 2019, the Group has been wholly owned by European alternative investment firm Squircle Capital, which completed its progressive acquisition in March 2026 as part of a five-year strategic expansion plan encompassing new geographies, M&A, and sustainability-led product extensions.
MB92 Group firmographics
Firmographics- Name
- MB92 Group
- Legal name
- MARINA BARCELONA 92, S.A.
- Website
- https://mb92.com
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MB92 Group is the world's largest superyacht refit and repair operator, running four shipyards in Barcelona, La Ciotat, Golfe-Juan, and Red Sea. It serves owners, captains, and management companies of 30–115m yachts with integrated project management, technical, interior, painting, and major refit services.
- Ownership category
- akta.pro rank
MB92 Group industry classification
Industry- Product category
- Superyacht Refit and Repair Services
- NAICS
- Ship Building and Repairing (336611), Ship and Boat Building (33661)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Luxury Yacht Refit, Rebuild & Lifecycle Upgrades (MRO) (IMAJAMAJ)
- akta.pro secondary industries
- Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI), Yacht & Recreational Boat Service & Refit (TLAKAKAD), Heavy Lifting & Material Handling Infrastructure (Goliath Cranes, Jib Cranes, Hoists) (IMAJALAD), Luxury Yacht Hull & Superstructure Fabrication (Composite/Aluminum/Steel) (IMAJAMAG)
Keywords
Where MB92 Group is headquartered
LocationHeadquarters
- HQ city
- Barcelona
- HQ country
- Spain
- HQ region
- Europe
Offices4 records
Markets served
MB92 Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Superyacht Refit Services: Core revenue stream from comprehensive refit services including project management, technical expertise, interiors, painting, general works, and major refits. Revenue is project-based, typically one-time per refit period with varying project values based on yacht size and scope of work.
- Repair and Maintenance Services: Ongoing repair and maintenance services for superyachts at company facilities. Includes technical support, hull work, mechanical systems, and scheduled maintenance.
- Yacht Supply and Equipment (Pinmar, Technocraft): Revenue from yacht supply operations acquired through GYG Limited acquisition in 2025. Includes specialized painting supplies and equipment through Pinmar brand.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based pricing tailored to each refit scope |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
MB92 Group product offering
Product offeringCore offering
MB92 Group provides comprehensive superyacht refit, repair, and maintenance services through four strategically located shipyards (Barcelona, La Ciotat, Golfe-Juan, Red Sea), serving yachts from 30m to 115m LOA. Core services include project management and technical expertise, interior refits, painting and coatings, general works, and major structural refits, supported by dedicated 4,800-tonne and 4,300-tonne shiplifts and a global network of 1,700+ suppliers.
Product overview
MB92 Group operates as the world's largest superyacht refit, repair, and maintenance company, offering a comprehensive suite of services delivered across four strategically positioned shipyard locations: Barcelona (Spain), La Ciotat (France), Golfe-Juan (France), and Red Sea (Saudi Arabia). The core offering spans project management and technical expertise, interiors, painting, general works, and major refits, with dedicated sub-brands including 300t Origins (for 30–50m yachts) and the Refit for the Future! sustainability programme. The Group's digital client portal, The Bridge by MB92, centralises procurement, customs management, and project tracking. Acquired brands such as Pinmar (superyacht painting) and GYG Limited extend the portfolio, while on-site specialist partners including Van Berge Henegouwen (AV/IT), Heinen & Hopman (HVAC), Quantum Marine Stabilizers, and Reflow Marine provide integrated technical services. Sustainability initiatives include a dedicated plastic recycling centre and greywater reuse projects.
Differentiator
Problem solved
Functional benefit
Brands
- Refit for the Future!: Sustainability service providing options for owners to optimise sustainability and improve value during refit projects.
- 300t Origins
- The Bridge by MB92
Products and services
- Superyacht Refit and Repair Services MB92 Group's primary offering: comprehensive superyacht refit, repair, and maintenance services delivered across multiple strategically located shipyards. Services encompass project management, interiors, painting, general works, major refits, and technical expertise for yachts typically from 30m to 115m LOA.
- Project Management & Technical Expertise Expert project management and technical knowledge combined with top-tier professionals and state-of-the-art infrastructure to deliver projects of any scale, coordinating all aspects from pre-project planning through production and after-sales support.
- Interiors Interior refit and design services for superyachts, including full refurbishment, custom design, and quality control, supported by an on-site interiors showroom at MB92 Barcelona.
- Painting Professional painting and coating services for superyachts, including exterior hull painting, interior finishing, and protective coatings, with dedicated paint sheds and facilities at MB92 Barcelona and La Ciotat.
- General Works Broad range of general repair and maintenance works for superyachts covering mechanical, structural, electrical, and composite disciplines across all shipyard locations.
- Major Refits Large-scale refit projects for superyachts, encompassing comprehensive structural, technical, and cosmetic overhauls, managed by dedicated senior project managers with multi-disciplinary teams.
- Refit for the Future! Sustainability-oriented refit service offering clients a tailored plan to optimise sustainability and improve the environmental performance of their yacht, including energy efficiency upgrades, battery integration, and alternative fuel solutions.
- 300t Origins Dedicated refit service and facility for yachts between 30m and 50m LOA, serviced by a 300-tonne travel lift and paint cabin, launched at MB92 La Ciotat in 2020 to serve the mid-size superyacht segment.
- The Bridge by MB92 Digital client portal enabling clients to manage purchases, track project status, and access bonded status (ADT & DAP) customs zone functionality directly through MB92's digital infrastructure, streamlining procurement and reducing administrative burden.
- Pinmar Painting Services Leading superyacht painting brand acquired by MB92 Group in early 2025 as part of the GYG Limited acquisition, providing premium painting and coating services across MB92's shipyard network.
Quantifiable outcome
- 85% plastic waste recovery rate at new recycling centre
- +4 more outcomes
Companies that use MB92 Group
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
MB92 Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature6 records
MB92 Group partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered strategic, minor and core.
- BCN Port Innovation FoundationstrategicCollaboration on circular economy initiative within the Circulars program. MB92 and Pinmar inaugurated plastic recycling centre at Port of Barcelona facilities, expected to recover 85% of waste and process 200+ tonnes annually.
- CODEC/Fundación CARESminorSocial enterprise responsible for managing and recycling plastic waste at the recycling centre. Supports inclusive employment for people undergoing social integration.
- Yacht Club de MonacostrategicCollaboration on Captains' Forum and YCM Explorer Awards. MB92 Group participates as industry partner in events exploring yachting's role in science and ocean discovery.
- Carbon BluestrategicCollaboration on plastic recycling initiative, with Carbon Blue providing solutions for transforming plastic waste into usable materials.
- Royal Van der LeunstrategicOpening of new on-site office at MB92 Barcelona providing dedicated service for electrical systems and technical support.
- D-Marin InvestmentsstrategicCollaboration to manage refit facility in Golfe-Juan near Antibes for yachts up to 45m LOA. MB92 Golfe-Juan launched through this partnership.
- DEEPstrategicRescued FLIP research vessel from scrapyard and partnered with MB92 for long-term refit and modernization into modern research platform for ocean exploration.
- Van Berge Henegouwen (VBH)coreGlobal reference in onboard technology services (AV/IT, security, control systems, communications). VBH opened dedicated office within MB92 Barcelona facilities, providing immediate assistance and technical support during refit projects. Brings 'Alchimia' concept for seamless technology integration.
- Quantum Marine StabilizersstrategicQuantum Marine Stabilizers opened Mediterranean Service Centre at MB92 Barcelona, providing localized support for stabilizer systems.
- FeadshipstrategicSelected as part of New Feadship Services Network, establishing MB92 as authorized service provider for Feadship superyachts.
- Heinen & HopmanstrategicHVAC specialists with service centres at both MB92 shipyards. Provides air conditioning and climate control solutions for superyachts, contributing to energy efficiency improvements.
- Reflow MarinestrategicSpecialists in maintenance and renovation of piping systems. Applied innovative pipe repair coating process onboard projects, restoring pipes between 1cm and 30cm diameter without disruptive work.
- EurecatstrategicTechnology centre collaborating on scaling the plastic recycling centre project and circular economy initiatives.
- University of BarcelonastrategicScientific collaboration on bio-extraction project to remove excess nutrients from Barcelona port waters through bivalve cultivation.
- The Explorers Club of New YorkstrategicPartnership with Yacht Club de Monaco for four-day event 'Monaco, Capital of Advanced Yachting' to position yachting as platform for scientific research.
Scale indicators10 records
Recent moves15 records
Expansion highlights7 records
MB92 Group competitors and assessment
Company assessmentDirect peers
- Palumbo Malta Superyards: Palumbo operates superyacht refit yards in Malta, Ancona, Marseille, and Savona, making it the most direct head-to-head competitor to MB92 across the Mediterranean. Both groups target 30-100m+ superyacht refits with integrated technical services.
- Monaco Marine: Monaco Marine runs a network of refit and maintenance facilities along the French Riviera and Monaco (including La Ciotat-adjacent locations), directly competing with MB92 for the same superyacht owner and captain clients in the Western Mediterranean.
- Lusben (Azimut|Benetti Group): Lusben operates superyacht refit yards in Italy (Viareggio, Livorno, Fano) as part of the Azimut|Benetti group, serving the same 30-90m superyacht refit market with comparable painting, interiors, and technical capabilities as MB92.
- Astilleros de Mallorca: Major superyacht refit yard in Palma de Mallorca serving the same 30-100m+ segment in the Western Mediterranean as MB92's Barcelona and Golfe-Juan operations.
Broad incumbents
- Amels (Damen): Amels, part of Damen Shipyards, builds and supports superyachts and operates refit capacity in the Netherlands. As part of the much larger Damen group, it offers overlapping superyacht services but with a broader portfolio across naval, commercial, and yacht segments.
- Feadship: Premier Dutch superyacht builder that also operates a refit services network in which MB92 is a partner. Comparable in client base (UHNWI superyacht owners) but Feadship is a new-build OEM rather than a dedicated refit operator.
Emerging players
- ICON Yachts: Dutch-based yard with both new-build and refit capabilities for large superyachts (60m+). Smaller scale than MB92 but competes for the same large-yacht refit projects in Northern Europe.
Regional players
- Rybovich (FAY): Leading U.S. superyacht refit facility in West Palm Beach, Florida. Comparable in service offering (refit, painting, technical works) but operates exclusively in the US market, particularly the US East Coast and Caribbean yachting corridors.
Others
- Pinmar (MB92 subsidiary): Leading superyacht painting brand now owned by MB92 following the 2025 GYG acquisition. Pre-acquisition, Pinmar operated as an independent painting specialist serving the same Mediterranean shipyard and refit market — a comparable offering, now vertically integrated.
- Heinen & Hopman: Global HVAC and climate control specialist with service centres embedded at MB92 Barcelona and La Ciotat. Operates as both a partner and an adjacent technical service provider to the same superyacht refit market MB92 serves.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
MB92 Group social profiles
Digital presenceMB92 Group compliance and trust
Trust signalCompliance3 records
MB92 Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MB92 Group leadership team
Management profileNumber of profiles
Profiles12 records
MB92 Group subsidiaries and ownership
Company hierarchySubsidiaries9 records
MB92 Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MB92 Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MB92 Group
What does MB92 Group do?
MB92 Group provides comprehensive superyacht refit, repair, and maintenance services through four strategically located shipyards (Barcelona, La Ciotat, Golfe-Juan, Red Sea), serving yachts from 30m to 115m LOA. Core services include project management and technical expertise, interior refits, painting and coatings, general works, and major structural refits, supported by dedicated 4,800-tonne and 4,300-tonne shiplifts and a global network of 1,700+ suppliers.
Is MB92 Group a public or private company?
MB92 Group is a private company. It is classified as private equity controlled and is currently operating.
When was MB92 Group founded?
MB92 Group was founded in 1990. It employs 101 to 250 people.
Where is MB92 Group based?
MB92 Group is headquartered in Barcelona, Spain, in the Europe region.
How does MB92 Group make money?
Three revenue lines are on record. Superyacht Refit Services are the primary driver. The others are repair and Maintenance Services and yacht Supply and Equipment (Pinmar, Technocraft).
Who are MB92 Group's main competitors?
Direct peers on record are Palumbo Malta Superyards, Monaco Marine, Lusben (Azimut|Benetti Group) and Astilleros de Mallorca. Broad incumbents are Amels (Damen) and Feadship. ICON Yachts is listed as an emerging player. Rybovich (FAY) is listed as a regional player. Others are Pinmar (MB92 subsidiary) and Heinen & Hopman.
Does MB92 Group have an API?
No public API is recorded for MB92 Group.
What industry is MB92 Group in?
MB92 Group's product category is Superyacht Refit and Repair Services. Its primary akta.pro industry code is IMAJAMAJ, Luxury Yacht Refit, Rebuild & Lifecycle Upgrades (MRO), with a secondary code of IMAJAMAI, Luxury Yacht Systems Integration & Commissioning (Shipyard). Its NAICS code is 336611 and its SIC code is 3730.