Turkish conglomerate Yildiz Holding AS is planning to withdraw from the marina sector in order to concentrate on its primary food and retail operations.

The corporation, known for its ownership of Godiva chocolates and McVitie’s biscuits, is also looking to divest its tourism assets.

In a press release, Yildiz Holding stated that it will give precedence to its food and retail divisions as part of its continuous efforts to expand internally and reinforce its global collaborations.

The company’s three marinas in Turkey are managed by its subsidiary Marinturk.

These marinas include Istanbul City Port located near Tuzla, Gocek Village Port, and Gocek Exclusive.

Istanbul City Port marina is equipped with floating pontoons, has a capacity for 752 moorings, and is capable of lifting and launching yachts up to 200 tons.

Combined capacity

Within an area of 16,000m², yacht repair and maintenance services are offered.

Gocek Village Port features lifting, launching, and maintenance services across a 30,000m² area, along with two travelifts (75-ton and 200-ton) catering to private and charter yachts. The marina also provides logistical support for charter yachts.

Established to cater to mega yachts, Gocek Exclusive offers a variety of services for yachts measuring 18 meters and above.

The facilities have a total capacity of 972 yachts and 280 land parking spaces.

Yildiz Holding operates 45 factories across 12 countries for its food products, exporting to over 100 markets.

The company recently underwent a restructuring of its food and retail divisions.