Sanlorenzo News

The Italian Sea Group said on Wednesday it had bought bankrupt luxury yacht maker Perini Navi for 80 million euros ($91 million) in an auction held by a court in Lucca, Tuscany.Italian yacht makers Ferretti Group and SanLorenzo had also offered to buy the luxury sailing brand Perini Navi, which was declared bankrupt in January.The Italian Sea Group said in a statement that the deal, funded with most of the proceeds of its IPO and through bank financing, will double its order intake for refits and lead to new contracts for the construction of 90-130 metre motor yachts.($1 = 0.8835 euros)(Report

Revenues and core earnings at the Italian Sea Group at least doubled in the first half of the year thanks to new contracts, allowing the luxury yacht maker to narrow its full-year guidance to the higher end of a previously given range.Shares rose more than 4% after the results were released and were up 2.4% by 1200 GMT, outperforming a 0.6% drop in Milan's all-share index.The group had initially guided for 2021 net sales of between 160-170 million euros ($189-201 million) and adjusted earnings before interests, tax, depreciation and amortization (EBITDA) in the range of between 25-26 million e

Italian motor yacht maker Sanlorenzo aims to list on the Milan Stock Exchange at about the same time as the rival Ferretti Group, with an initial public offering (IPO) expected to be launched as early as the second half of October, two people familiar with the matter said on Wednesday.The group is controlled by Italian entrepreneur Massimo Perotti through a family holding which bought back shares from third party investors in the recent years.The group plans to issue a mix of existing and new shares, targeting a free float of about 35%, one of the sources added.Sanlorenzo has picked Unicredit, Banca Imi and Bofa Merrill Lynch as global coordinators for its IPO.

Marco Segato has been appointed CEO of Sanlorenzo Americas, the division that has aided in the Italian superyacht-builder’s expansion in North, Central and South America for the last 10 years.The  Italian shipbuilding company company said that Marco Segato, formerly Vice President of Sales of Sanlorenzo Americas since 2014, held important positions in the field of strategic consulting and business development Having developed a great wealth of experience in the boating sector, Segato has also been made a shareholder of the US company and will further build upon the growth achieved by Sanlorenzo Americas.Sanlorenzo Americas, based in Fort Lauderdale and New York leads a sales network that includes Perù, Venezuela, Brazil, Colombia, Mexico, Panama, Guatemala, Costa Rica, Canada.

The German expert for lithium-ion battery systems AKASOL announced that,  its fast-charging battery systems power a range of prototype vessels including the brand new 31.2m Vanadis hybrid superyacht from Italian builder Cerri Cantieri Navali (CCN).The electric-vehicle battery supplier for commercial vehicles said in a press release that Vanadis, the first in CCN’s new ‘E-Prop’ line of hybrid propulsion motor yachts, is powered by traditional diesel engines and an electric engine, which are supported by generators and AKASOL’s AKASystem 15 OEM battery system.The vessel is capable of cruising short distances and anchoring under electric power, minimizing vibration, diesel exhaust pollution and noise during port calls or sleeping, all while cutting fuel costs.

'Blue Vision New Generation' automation system presented for MTU Series 2000 and 4000 engines, with new bridge components designed by Pininfarina. Tognum subsidiary MTU Friedrichshafen GmbH presents its Blue Vision New Generation automation system at the Salone Nautico Internazionale yacht show in Genoa. The automation system monitors and remotely controls propulsion systems based on MTU Series 2000 or 4000 engines. The system will be available in a simple, non-classifiable version…

Italian motorboat builder Sanlorenzo has presented its first comprehensive program dedicated to the management of pre-owned boats, called ‘Experienced Yachts’. The program includes severe controls, works and tests in compliance with the RMQA (Refitting and Maintenance Quality Assurance) norms established by RINA (Italian Naval Registry), as well as service and guarantee for a year starting from purchase date of the pre-owned boat. All operations in the Experienced Yachts program are carried out by Sanlorenzo staff at the main shipyard and company headquarters in Ameglia and at Porto Mirabello in La Spezia. “We believe the second-hand boat market represents a great opportunity today, both for clients and for shipyards,” says Massimo Perotti, Sanlorenzo’s chairman & CEO.