Sanlorenzo to rescue Perin Navi in difficulty
The Italian sailboat builder Perini Navi SpA, founded in 1983 by Fabio Perini, is experiencing serious financial difficulties. Notably known for building the Maltese Falcon, the shipyard based in Tuscany and Liguria is today controlled by Fenix Srl, owned by the Tabacchi family. In the face of rumours of bankruptcy, it has been announced that negotiations have been opened with the Sanlorenzo Group, another well-known player in Italian yachting. Sanlorenzo says that it has obtained a period of exclusivity for the analysis of a possible transaction with a view to becoming the majority shareholder of Perini Navi.
Complementarity between sailing and motor superyachts
Located in the same Italian cradle of yachting between La Spezia and Viareggio, the two companies could benefit from interesting synergies, both in commercial and industrial terms. The addition of the Perini Navi brand to Sanlorenzo's catalogue would continue the Group's policy of developing and expanding its offer after the acquisition of Bluegame motorboats in 2019
Sanlorenzo is currently structured around 3 ranges
- The Yacht Division: composite motor boats from 24 to 38 metres in length
- The Superyacht Division: aluminium and steel vessels from 40 to 68 metres in length
- The Bluegame division: sport boats from 13 to 22 metres
In 2019, the group employed 500 people for a turnover of 546 million and a profit of 27 million. It had successfully opened its capital in 2019.