Safehold Expands Mediterranean Presence with Monaco Marine Acquisition

Safe Harbor Marinas Expands into Mediterranean with Monaco Marine Acquisition

Safe Harbor Marinas, the largest global owner and operator of marinas, advances its strategic footprint into the Mediterranean by acquiring Monaco Marine. This significant expansion enhances Safe Harbor's already extensive network, allowing the company to deliver exceptional services to yacht owners, crews, and captains in some of the Mediterranean's most iconic yachting destinations, including Saint Tropez, Antibes, and Monaco. The acquisition adds nine operational locations in Southern France and Monaco to Safe Harbor's portfolio, reinforcing its commitment to providing high-quality service in prestigious maritime environments.

Founded in 1995 by Michel Ducros, Monaco Marine is renowned for its dedication to excellence and sustainability in the marine sector. Catering to vessels and superyachts up to 90 meters in length, Monaco Marine offers a comprehensive range of services, from mooring and storage to maintenance and full overhauls. Under the leadership of CEO Baxter Underwood, Safe Harbor aims to integrate Monaco Marine’s established reputation for quality with its own culture of excellence. This merger not only expands Safe Harbor's operational capacity but also enhances its ability to foster positive experiences for the global boating community.

The acquisition marks a pivotal moment for Safe Harbor Marinas as it strengthens its global presence and reaffirms its mission to deliver outstanding service across the marine industry. By bringing Monaco Marine into its fold, Safe Harbor enhances its offerings and is well-positioned to serve a diverse clientele in some of the world’s most sought-after waterfront locations. As the company continues to grow, it remains focused on cultivating a culture of excellence that resonates with yacht owners and industry professionals alike.

In related news, Safe Harbor's expansion into the Mediterranean is expected to boost tourism and economic activity in the region. With its commitment to sustainability and excellence, the company aims to meet the evolving needs of the boating community while maintaining the integrity of the marine environment. This acquisition not only signifies growth for Safe Harbor but also sets a new standard for marina operations in the Mediterranean. For more information, stakeholders can visit Safe Harbor's website or explore Monaco Marine's offerings online.