Sanlorenzo posts €960.4m revenue in 2025; turns around Nautor Swannews Fayaz Hussain 18 Mar 26 0Italian luxury yacht builder Sanlorenzo said revenues are unlikely to be affected by the war in the Middle East as the company posted 3.2% year-over-year… Read more
Sanlorenzo reports an 11.8% increase in new build sales for Q1news Superyacht Investor Contributor 15 May 23 0Sanlorenzo has reported total sales of €183.7m ($199m) for the first quarter (Q1) of this year – an 11.8% increase compared with the same period… Read more
The Italian Sea Group buys luxury furniture company Celinews Superyacht Investor Contributor 18 Apr 23 0The Italian Sea Group (TISG) has bought Italian luxury furniture company Celi after securing 100% control of its shares. The acquisition represents the first step… Read more
Sanlorenzo buys 49% share of Sea Energynews Superyacht Investor Contributor 28 Mar 23 0Sanlorenzo has acquired a 49% stake in yachting electrical systems installation firm, Sea Energy for a fee in the region of €2.7m ($2.9m). Massimo Perotti,… Read more
IYC to exclusively sell Cantiere delle Marche yachts in the USnews Superyacht Investor Contributor 23 Mar 23 0IYC has partnered with Cantiere delle Marche and will now exclusively handle the Italian shipyard’s sales in the US. The explorer yacht specialist said it… Read more
Sanlorenzo outlines plan for growth and expansionnews Superyacht Investor Contributor 21 Mar 23 0Sanlorenzo has outlined its business plan for 2023 to 2025 following its strong financial performance in 2022. The Italian shipyard also revealed its intentions of… Read more
Ferretti Group acquires €40m production site in Ravenna, Italynews Superyacht Investor Contributor 21 Mar 23 0The Ferretti Group has acquired a 70,000sqm production site in Ravenna, Italy for €40m. The Italian shipbuilder will also invest a further €40m over the… Read more
Ferretti Group to list on Euronext Milano exchangenews Superyacht Investor Contributor 21 Mar 23 0Ferretti Group’s board of directors have agreed to proceed with the company’s plan to list on the Euronext Milano exchange. Should the plan come to… Read more
Viken Group hires new senior execs Anna Silvesjö and Antonio Romanonews Superyacht Investor Contributor 17 Mar 23 0The Viken Group has appointed Anna Silvesjö (pictured left) as its chief financial officer (CFO), along with Antonio Romano (pictured right) as commercial director. Both… Read more
Ferretti Group reports over €1bn in sales for its 2022 fiscal yearnews Superyacht Investor Contributor 9 Mar 23 0Italian shipbuilder Ferretti Group has reported €1.03bn ($1.09bn) in sales for its 2022 fiscal year ending December 31st, up 14.6% from 2021. The firm said… Read more
Rossetti Superyachts confirm Rosetti Marino’s ownershipnews Superyacht Investor Contributor 1 Mar 23 0Rosetti Marino has confirmed Rosetti Superyachts is not for sale, following incorrect media reports that it was looking for a buyer. The shipyard also said… Read more
Giuseppe Taranto, vice-chairman of The Italian Sea Group, diesnews Superyacht Investor Contributor 27 Feb 23 0The Italian Sea Group (TISG) has announced with “heartfelt sorrow” the passing of its vice-chairman Giuseppe Taranto, after battling an illness which lasted less than… Read more
Lusben restructures senior leaders and reveals 2023 investment plannews Superyacht Investor Contributor 20 Feb 23 0Lusben has appointed new members to its senior leadership team following a corporate restructure. The Azimut-Benetti refit and repair brand has also revealed investment plans… Read more
