MB92 Group Acquires Leading Superyacht Painter

One of the world’s leading superyacht refit, repair, and maintenance companies has announced its acquisition of GYG Ltd - the parent company of Pinmar - a leading paint applicator for superyachts worldwide. 

It is expected that GYG Ltd will continue to operate independently - albeit under the MB92 umbrella. 

Commenting on the acquisition, Pepe García-Aubert, Chairman of MB92 Group, said: 

“We are honoured to welcome GYG to the MB92 Group. Over the past 30 years, our collaboration has been rooted in shared values, mutual respect, and a dedication to delivering excellence for our clients. Moving forward, we aim to build on this strong foundation, sharing knowledge and expertise to enhance our services while advancing sustainability and innovation initiatives that benefit the wider superyacht community”.

MB92 has stated that it will continue to work with a range of providers, but with Pinmar on hand as a specialist provider if required. 

Remy Millott, CEO of GYG Ltd, echoed García-Aubert, saying: 

“This is an exciting new chapter for our company. With MB92’s support, we are well-positioned to continue delivering the high-quality standards our clients expect while exploring opportunities for future growth. Together, we can further optimise operations, elevate the level of service, and continue to advance in areas such as paint application, project planning and digitalisation, ensuring we remain at the forefront of the industry”.

Founded in 1992, MB92 Group manages state-of-the-art shipyards strategically located in Barcelona, La Ciotat, and Golfe-Juan. The Group is also in the process of developing a new dedicated refit centre in the Middle East. 

MB92 Group has stated the acquisition of Pinmar is part of the Group’s ‘strategic plan to drive growth through consolidation, strengthening its ability to meet evolving industry demands’. 

Looking for paint and coatings advice for your superyacht? 

If you require support in selecting the correct coating for your superyacht - or assistance investigating the failure of a coating - then speak to the Brookes Bell team today. 

Our paint and coatings specialists can support you through the complete superyacht lifecycle, from the new build stage through to ongoing maintenance. 

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