Sanlorenzo has confirmed its involvement in the project to acquire The Italian Sea Group by joining the newly established Polo Nautico Carrara. An expression of interest, supported by a secured offer for the acquisition of the entire business, has been submitted as part of TISG’s ongoing insolvency restructuring process
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PressMare had already reported on the dispute over ownership of the AC75 Britannia between former sponsor Ineos and Athena Racing, the team led by skipper Sir Ben Ainslie
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New dates, Genoa’s Waterfront nearing completion, Tech Trade Days, the Design Innovation Award and the America’s Cup on the horizon. Just over two months before the opening of the 66th Genoa International Boat Show, Confindustria Nautica President Piero Formenti tells PressMare how the event is evolving and what the Italian boating industry is experiencing today
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News surrounding The Italian Sea Group continues to unfold at a rapid pace, day by day outlining the contours of a crisis that extends far beyond the fortunes of a single company. Over the past twenty-four hours, new corporate developments, movements in the company’s share price and the first expressions of interest in some of the group’s assets have emerged, while the path towards the restructuring plan expected by September is beginning to take shape
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