yacht business

The Italian Sea Group won the Auction for the bankruptcy of Perini Navi

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  The prestigious Perini Navi brand will allow The Italian Sea Group to expand and strengthen its positioning in the large sailing yacht segment, in which it is already strongly active. Considering the growth in demand, and the renown competences, the Perini Navi brand constitutes a significant opportunity for The Italian Sea Group. The Italian … Read more

Ferretti takeover. Made in Italy Bye Bye.

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“Made in Italy Bye Bye!” read the headline of an editorial in Il Sole 24 Ore financial daily after the Chinese firm’s takeover of the world’s leading luxury yacht maker Ferretti. “Another bit of Made in Italy leaves” proclaimed the media highlighting Asia’s fast-growing taste for elegant opulence in contrast to crisis-stricken Western markets. As … Read more