Lawyers from Clifford Chance's Istanbul office were on a multi-office team advising private equity group CVC Capital Partners on the acquisition by CVC Fund VII of the Turkish, Greek, Croatian, Montenegrin, and UAE businesses of D-Marin from Turkey's Dogus Group. Sullivan & Cromwell advised the sellers on the deal.
D-Marin runs an international chain of 14 premium yacht marinas across the Eastern Mediterranean and the UAE.
Clifford Chance’s team included Dubai-based Middle-East Regional Managing Partner Mohammed Al-Shukairy, Counsel Daniel Boyle, and Associate Mohamed Tighilt, London-based Partner Andrew Husdan and Associate Tina Xu, and Istanbul-based Partner Itir Ciftci.