Strong Group and the magical Costa Blanca confirmed the purchase of the Marina d’Or tourist complex in Orpesa by the American investment fund Farallon Capital Management, according to INFORMACIÓN.
The two parties will join forces to restart the project under a new tourism concept and position it among the top holiday destinations in Europe.
The operation is currently under review by the National Markets and Competition Commission (CNMC) and awaits approval from the relevant authority. Grupo Fuertes and Magic Costa Blanca Garrigues and Rosillo Rein served as legal and real estate advisers, respectively.
Owners of El Pozo and Magic Costa Blanca will invest 90 million in Marina d’Or
Early closure of the season
The purchase information first reported last August is now confirmed. On September 17, the Marina d’Or complex unexpectedly shut down all hotels and the spa. In a preview of the end of the so‑called Holiday City season, bookings were canceled and customers were notified by phone or email.
Initially, the Marina d’Or operation was planned to run through December, but the company chose to close the season early without stating reasons or tying the shutdown to the acquisition. It is now clear that this will be the first decision taken at the Orpesa complex as part of the process with the American fund Farallon Capital Management. Jesús Ger, founder of Marina d’Or, had previously sold the property to the fund.
El Pozo to provide capital for the acquisition of Marina d’Or and Magic in administration
For family tourism
The Holiday City is designed for family holidays. It features a five‑star spa hotel, two four‑star hotels Marina d’Or Playa and Gran Duque, a saltwater spa, extensive entertainment facilities, and a variety of tourist apartments.
The complex sits on roughly 1.4 million square meters, with more than half a million dedicated to green spaces and gardens. It offers numerous sports and recreation facilities aligned with its tourism focus.
Magic will export its business model with events and shows in Marina d’Or
The complex underwent updates after the pandemic, supported by a series of investments from the American fund aimed at improving facilities.
Grupo Fuertes operates as a holding company with fully Spanish capital. It brings together more than twenty companies, mainly in the agri‑food sector, including the leading ElPozo Alimentación. The group employs over 8,700 people and reported a business volume above 2.3 billion euros in 2022.
Magic Costa Blanca is a hotel group with nearly five decades in tourism. It has earned multiple awards, including Traveler’s Choice accolades from TripAdvisor. The group emphasizes a strong commitment to quality and innovation, establishing itself as a leading presence in the Valencian Community’s accommodation sector. It manages about 2,000 employees and operates 11,695 beds.