Varadero Valencia

What Varadero Valencia does

Varadero Valencia S.L.U. is a yacht refit and repair shipyard operating from a 28,000m² site at the Real Club Náutico de Valencia, Spain, since 2005. The facility features a 300-ton capacity travelift capable of handling vessels up to 45m in length and 9m beam, three underwater work pits to 5m draft, and a 400m² covered refit shed. Services span painting (via in-house Monzó Yacht Painting), carpentry (via in-house The Carpentry), rigging, mechanics, hydraulics, electronics, electricity, safety inspection (ITB), refrigeration, and upholstery, all coordinated by a dedicated Project Manager under a 360° offering that includes pickup from the home port and return delivery to the berth.

The business operates on a professional services model with quote-based project pricing, supplemented by a chandlery store operated as the official distributor of Pinmar Supply with on-board delivery. Additional revenue comes from TPA (Traffic Perfectioning Active) management services for non-EU flagged vessels, providing a 21% VAT exemption on repairs. Customer segments include owners and captains of sailing and motor yachts from 20m to 50m+, professional racing teams (Swan, TP52), and non-EU flagged vessels seeking tax-efficient maintenance. Distribution is direct and field-based, with the company maintaining presence at major international nautical shows (Boot Düsseldorf, Monaco Yacht Show, Palma International Boat Show, Valencia Boat Show, YARE Viareggio) and leveraging its position within the IPM Group network for cross-referrals across Mediterranean marina and shipyard facilities.

The company is wholly owned by IPM Group (Iniciativas Portuarias de Mallorca), a diversified Mediterranean marina and shipyard holding group. Since 2005, the shipyard has serviced over 7,000 vessels, achieved 100% peak-season occupancy with over 10% growth in large vessel traffic, and reported a 7% year-on-year increase in vessels received in 2024. ISO 9001 quality certification is held, and the company operates a commercial office at La Marina de Valencia in addition to the main shipyard site.

Name

Varadero Valencia

Legal name

VARADERO VALENCIA S.L.U.

Website

https://varaderovalencia.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

Varadero Valencia is a Mediterranean yacht refit and repair shipyard in Valencia, Spain, serving superyacht owners, racing teams, and non-EU flagged vessels with comprehensive 360° service including pickup, repair, and return delivery. Founded 2005, owned by IPM Group.

Ownership category

akta.pro rank

Product category

Yacht Refit and Repair Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Commercial Ship Repair & Drydocking (TLAKAKAA)

akta.pro secondary industries

Dry Docking & Dockyard Operations (Graving/Floating Docks, Docking Services) (TLAHAMAA), Underwater Hull Services (Diving, In-Water Cleaning, Propeller Polishing, Inspection) (TLAHAMAL), Piping, HVAC & Auxiliary Systems Repair (TLAKAKAH)

Keywords

• Yacht refit services
• Yacht repair shipyard
• Boat maintenance services
• Marine carpentry
• Nautical chandlery

Headquarters

HQ city

Valencia

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Yacht Refit and Repair Services: Core business revenue from comprehensive yacht repair, maintenance, and refit services including painting, rigging, carpentry, mechanics, hydraulics, electronics, and electrical work. Services include haul out, storage, and project management.
2. Chandlery Store: Nautical supply store offering paints, varnishes, uniforms, safety equipment, deck and engine room supplies, and lighting at competitive prices. Operated in collaboration with Pinmar Supply as official distributor with on-board delivery.
3. TPA Management Services: Administrative service for managing Inward Processing (Tráfico de Perfeccionamiento Activo) documentation for non-EU flagged vessels, enabling tax benefits

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Varadero Valencia is a yacht refit and repair shipyard operating at the Real Club Náutico de Valencia. It offers comprehensive end-to-end services including painting, carpentry, rigging, mechanics, hydraulics, electronics, electrical, safety inspection (ITB), refrigeration, and upholstery for yachts up to 45m in length and 300 tonnes. The company also operates a chandlery store in partnership with Pinmar Supply and provides TPA (Active Improvement Traffic) documentation management for VAT benefits on non-EU flagged vessels.

Product overview

Varadero Valencia is a shipyard offering comprehensive refit and repair services for yachts, operating as a unified service platform with multiple specialized divisions. The core offering is the 360° service that handles the complete lifecycle of yacht maintenance—from pickup at the home port through all repair work to return delivery. The company provides in-house capabilities for painting (via Monzó Yacht Painting), carpentry (via The Carpentry), rigging, mechanics, hydraulics, electronics, electricity, safety inspections (ITB), refrigeration, and upholstery. Additional services include a nautical store (chandlery) operated in partnership with Pinmar Supply, and a concierge service for personalized customer coordination. The shipyard specializes in vessels up to 45 meters in length and 300 tonnes capacity.

Differentiator

Problem solved

Functional benefit

Brands

• The Carpentry: Specialized nautical carpentry division offering deck replacement, hull repairs, mast fabrication, custom furniture, and interior woodwork for classic and modern vessels.
• Monzó Yacht Painting

Products and services

• Yacht Refit and Repair Services
• 360° Pickup, Repair and Return Service
• Chandlery Store (Nautical Store)
• Monzó Yacht Painting Services
• The Carpentry (Nautical Carpentry Services)
• TPA Management Service
• Concierge Service

Quantifiable outcome

• 7,000+ vessels serviced since 2005
• +3 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Pinmar SupplycoreChannel Partner/ Reseller/ DistributorPinmar Supply serves as the official distributor for Varadero Valencia's chandlery store. The store, located within the shipyard's facilities, offers a wide range of nautical products including paints, varnishes, uniforms, safety gear, deck and engine room equipment, and lighting at competitive prices. Pinmar Supply provides the supply chain and distribution infrastructure for this retail operation.
• Monzó Yacht PaintingcoreStrategic or Co-development PartnerIn-house painting company operating within Varadero Valencia facilities. With over 40 years of experience, Monzó Yacht Painting provides hull, deck, and superstructure painting services, plus fiber, carbon, and composite repairs with exceptional aesthetic finishes and maximum durability. Authorized applicators of Awlgrip, Dupont Marine, and International products.
• The CarpentrycoreStrategic or Co-development PartnerIn-house carpentry division specializing in nautical woodwork. Located within Varadero Valencia facilities and managed by experienced professionals, The Carpentry offers specialized wood repair and maintenance services, teak deck replacement, custom furniture design and construction, mast and boom fabrication, and classic boat restoration.
• Yacht MovingminorStrategic or Co-development PartnerStrategic collaboration between Varadero Valencia and Yacht Moving to boost the Valencia nautical sector. Partnership aimed at enhancing services and creating synergies between the two companies to better serve the yachting community in the Valencia region.
• Marina Port ValenciacoreGTM or Marketing PartnerExclusive partnership offering combined presence at Valencia Boat Show and special benefits for mutual customers. Varadero Valencia provides 15% discount on own services and 10% on antifouling works for Marina Port Valencia customers. Both companies belong to IPM Group.
• IPM GroupcoreStrategic or Co-development PartnerParent holding company that owns Varadero Valencia along with STP Shipyard Palma, Marina Port de Mallorca, Marina Ibiza, Marina Port Ibiza, Marina Port Mahón, Varadero Ibiza, Monzó Yacht Painting, and IPM Management. IPM Group is a leader in Mediterranean marina and shipyard construction and management.
• Real Club Náutico de ValenciaminorStrategic or Co-development PartnerHost venue for Varadero Valencia shipyard facilities. Located at Locales 7 y 8, Real Club Náutico de Valencia provides complementary facilities including tennis courts, paddle, pool, and restaurants for yacht crews during their stay.

Scale indicators8 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• MB92 Barcelona: One of the largest superyacht refit and repair facilities in the Mediterranean, located in Barcelona. Directly competes for the same megayacht and superyacht refit customers with comparable 360°-style project management and large travelift capabilities.
• STP Shipyard Palma: Sister shipyard within IPM Group in Palma de Mallorca offering yacht refit, repair, and painting services. Same group, overlapping customer base, similar service menu and capacity profile — the closest direct comparable.
• Monaco Marine: Network of yacht refit and maintenance facilities along the French Riviera and Monaco with multi-site coverage analogous to IPM Group's Mediterranean footprint. Targets the same superyacht segment with full-service refit offerings.
• Varadero Ibiza: Another IPM Group yacht refit and repair shipyard, based in Ibiza. Same corporate parent, comparable service offering, and shares the Mediterranean superyacht refit customer base.
• Astilleros de Mallorca: Major yacht refit, repair, and construction shipyard in Palma de Mallorca serving the same Mediterranean superyacht and sailing yacht market with similar paint, carpentry, rigging, and mechanical services.
• Pendennis Shipyard: UK-based superyacht refit, restoration, and new-build yard with comparable full-service project management and large-vessel handling capability. Competes for the same international superyacht customer base, especially in refit season.

Broad incumbents

• Astilleros Armón: Larger Spanish shipbuilding and repair group with multiple facilities offering yacht and commercial vessel construction and repair. Overlaps on yacht and small-craft refit services but operates at a much broader industrial scale.

Regional players

• Marina Ibiza: Sister IPM Group marina in Ibiza offering berthing, concierge, and chandlery services to the same superyacht clientele; complements rather than competes directly with Varadero Valencia's refit services but shares the customer pipeline.
• Camper & Nicholsons Shipyards: International yacht services group with refit, management, and new-build capabilities in the Mediterranean and Caribbean. Comparable to Varadero Valencia's full-service refit and concierge proposition but with broader geographic and segment reach.

Others

• Pinmar Supply: Mediterranean yacht supply and chandlery distributor; existing channel partner of Varadero Valencia for the on-site chandlery store, but operates more broadly as an OTHERS / supply-chain peer across the same superyacht base.

Market position

Strengths4 records

Weaknesses4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/varaderovlc
• Facebookfacebook.com/varaderovalencia
• LinkedInlinkedin.com/company/varadero-valencia

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Varadero Valencia