All Italy articles – Page 47
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NewsSanlorenzo braves the IPO market
Although investors have been lukewarm to a range of IPO opportunities in recent months – including Ferretti’s withdrawn public floation last month seeking a valuation of up to €1.08bn – Sanlorenzo is plunging ahead with its own offer. Industry awaits market response as an indicator of investor appetite.
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NewsLignia Wood Co appoints new dealer for Italy and Switzerland
Growing involvement with yacht market
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NewsAmico inaugurates 4,000-tonne capacity shiplift
Genoa-based Amico & Co officially inaugurated it new €27m, 4,000-tonne capacity shiplift on Thursday. The new facility is not only an important development for this global leader as a superyacht refitter, but also a major bonus for Genoa in its ongoing campaign to become a key superyacht hub.
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NewsPershing presents new motoryacht range
Italian sports yacht builder Pershing has announced the launch of the TØ project, a new range of motoryachts that is expected to redefine the boundaries of the 25m-40m market segment.
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NewsVenice floods cause €500,000 damage to gondolas
As a prime tourism attraction and a major marine centre for boating, visiting superyachts and cruise ships, the traditional gondoliers in Venice have been hard hit by the floods currently affecting the city. Some 70% of this famous location are now covered by the floods, the worst for 50 years ...
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Osculati reports strong 2019 results
Italy’s Osculati Group has reported turnover of €72m for the year ended August 31, 2019 – an 8% increase over the same time last year. Positive performance was recorded across all markets and product categories, with sales in Italy up 5% and sales in the rest of Europe up 9%. ...
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NewsItalian firm develops ultimate superyacht toy
An Italian company, iSpace2o, is developing a craft that is claimed to be able to attain planing speeds on the surface of the sea and to combine this with operating underwater. These combined talents of the advanced craft will make it a very appealing ‘toy’ for carriage on board a ...
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NewsFrigomar wins BMEEA Award
Italian HVAC specialist Frigomar has announced that its high-performance BLDC variable-speed, self-contained unit inverter was recently named Product of the Year by the British Marine Electrical & Electronics Association (BMEEA).
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NewsRolls-Royce opens new yacht support centres in Italy
Rolls-Royce (RR) has opened two new dedicated yacht support facilities in La Spezia, Italy. The two new centres are a new Yacht Competence Centre (YCC) and a Yacht Customer Care Centre (Y-CCC).
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NewsYARE returns for 10th annual edition
YARE, the international aftersales and refit event dedicated to the superyacht sector, is returning to Viareggio next year from March 18-20 for its 10th edition.
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NewsGianneschi Pumps & Blowers celebrates 50 years
Italy-based Gianneschi Pumps & Blowers hosted a large delegation of international dealers at its facilities in Versilia earlier this month to help celebrate its 50-year anniversary.
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NewsFerretti Group cancels planned IPO
Despite strong sales results and reported investor interest in an IPO offering 30% of the Italian yacht builder’s shares, the Ferretti Group nevertheless decided to pull the plug on the public listing in the final hours of the offer period. The builder cited deteriorating conditions in the financial markets which ...
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NewsFerretti withdraws IPO
Despite positive orders, the company said current market conditions didn’t produce a sufficient valuation
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NewsFerretti extends its IPO offer period
In view of the ongoing discussions with institutional investors, the Italian yachtbuilder Ferretti Group has extended the offer period for the pending listing of its shares on the Milan Stock Exchange
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NewsFerretti IPO roadshow ends in Zurich tomorrow
CEO Alberto Galassi lays out Ferretti’s prospects to investors in London, Frankfurt, Paris and Zurich this week ahead of its debut on the Milan stock exchange.
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NewsUS interiors specialist merges with Italian SY yard
Genesis Interiors, a US-based builder and installer of handmade luxury interiors for yachts and private homes, has merged with Italy’s Cantiere Viareggio.
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NewsFerretti announces jump in orders in midst of IPO
Ferretti Group reports new orders totalling more than €465 million for the first nine months of 2019, a gain of 18% over last year
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NewsNew dates, location for Viareggio show
The organisers of the Versilia Yachting Rendez-vous have announced that next year’s edition will be held from May 28-31, taking up a more strategic position on the calendar of nautical-related events.
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NewsNew details emerge on Ferretti IPO
According to a report on the online Market Watch financial news service, Italy’s Ferretti Group plans to list around 30% of its stock on the Milan Stock Exchange this month.
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