Croatia Yachting Acquires Odisej Yachting
Ivan Luetić | 22.05.2023
BMWC advised Croatia Yachting on its acquisition of Odisej Yachting.
Croatia Yachting, a leading yachting company in the Adriatic region, has acquired Odisej Yachting, a well-established company with over 20 years of experience. This strategic acquisition aims to expand Croatia Yachting's operations and strengthen its market position. By leveraging Odisej Yachting's expertise, Croatia Yachting plans to enhance its charter offerings and meet the increasing demands of its clientele. The acquisition will allow Croatia Yachting to provide a broader range of yacht charter options and exceptional services, benefiting from the combined resources and experience of both companies.
Croatia Yachting is a leading yachting company in the Adriatic region, with its headquarters in Split and five offices along the Dalmatian coast. Established in 2004, Croatia Yachting has been recognized for its excellence, receiving prestigious awards such as the Best Charter Company in Croatia. With a fleet of over 140 yachts, including the world's largest selection of Hanse Yachts and offerings from Bali Catamarans, Croatia Yachting is committed to providing exceptional sailing experiences. They also offer comprehensive charter management services, ensuring a hassle-free yacht ownership experience for their clients.
Odisej Yachting, headquartered in Šibenik, is a well-established yachting company with over 20 years of experience. They specialize in charter services, offering a diverse range of yachts and sailing boats for rent. Odisej Yachting excels in charter management services, providing smooth ownership solutions for yacht investors. Additionally, they facilitate the sale of yachts and sailing boats, assisting clients in finding the perfect vessel to meet their specific needs.
With this acquisition, Croatia Yachting is expanding its operations and strengthening its position in the market. They plan to leverage the expertise of Odisej Yachting to enhance their portfolio of charter offerings and meet the growing demands of their discerning clientele. The combined resources and experience of both companies will enable Croatia Yachting to provide an even broader range of yacht charter options and exceptional services.BMWC's corporate and M&A team extends its congratulations to Croatia Yachting on this successful acquisition. We also commend Odisej Yachting and their legal advisor, Attorney at Law Boris Kostić, for their collaboration throughout the process. Furthermore, BMWC expresses its appreciation to KPMG Croatia, represented by Jakov Kozina, CFA Kozina and Ivona Gazdić, for their valuable financial advisory services during the acquisition process.