Acquisitions in Balearic Islands, Spain

MB92 Group has acquired GYG Ltd., the superyacht painting, service and supply group that trades under the Pinmar, Pinmar Yacht Supply and Technocraft brands. The deal, which closed on Dec. 31, 2024, strengthens MB92's painting, supply and refit capabilities and expands its service offering across Europe and the U.S.

Partners Group, alongside Portobello Capital, has acquired a majority stake in BLUESEA Hotels, a Palma de Mallorca–headquartered hospitality platform that owns and operates 25 hotels (around 5,100 rooms) across Spain. The investors plan a transformational value-creation program including refurbishments, operational improvements and strategic acquisitions to grow BLUESEA's platform in key Spanish tourist destinations.

Berkshire Hathaway HomeServices Spain has acquired Nova Mallorca Real Estate, a leading Palma de Mallorca brokerage founded in 1969. The agency will operate as Berkshire Hathaway HomeServices Nova Mallorca and expand the BHHS Spain network’s luxury residential presence across the Balearic Islands.