Italian Sea Group secures Armani’s backing in IPO

> Subscriber-only, By Tony Esposito2021-05-17T15:59:00

The company will use the proceeds to increase production

The Italian Sea Group – owners of Admiral Yachts, Tecnomar and NCA Refit – has secured backing from a Milanese fashion group and a Belgian pharmaceutical entrepreneur as it prepares for an initial public offering (IPO) of its shares on the Italian stock exchange Milan Bourse.

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