The Italian Sea Group and Perini Navi's failure

Marina di Carrara, 2 February 2021. The Italian Sea Group S.p.A. (“TISG”), global player of the international yachting industry, announces to have given an official mandate to its advisors to verify content, times and modalities of participation in the future competitive procedure of the Failure of Perini Navi from now on.

TISG aims to carefully assess and verify, once the insolvency assets will be identified, whether the conditions to take part in the competitive auction procedure exist.

In particular, TISG believes that maintaining in Italy a historic brand such as “Perini Navi” – the leading player of luxury sailing worldwide – represents a strategic interest also for Italy itself.

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