Cassa Depositi e Prestiti: Sanlorenzo financed with €10 million
Wednesday, May 6, 2020 9:17 AM
Ameglia (La Spezia), 6 May 2020 – Cassa Depositi e Prestiti sustains the excellence of Made in Italy by financing new investments in research, development and innovation. In fact, CDP has sustained the expansion of Sanlorenzo Group, global leader in the design, production and sale of luxury yachts and superyachts, financing €10 million for the new investments in research, development and innovation to be made by the Group for the period 2020-2022.
The operation will help develop and introduce to the market innovations and cutting-edge technologies in the yachting panorama, all researched with a close eye on the principles of sustainability.
With this move, CDP is reinforcing the company’s competitiveness, also in a wider perspective that aims to safeguard jobs, guarantee the operations of the yachting production and supply chain and those of the related businesses. Sanlorenzo Group, an excellence in the Italian luxury yachting industry, employs approximately 480 people, works with 1,500 qualified small business partners and relies on an international distribution and service network with a global reach. The company, listed in the STAR (High Performance Equities) segment of the Mercato Telematico Azionario (Electronic Equity Market), has four production sites in Italy, located respectively in La Spezia (SP), Ameglia (SP), Viareggio (LU) and Massa (MS).
For Nunzio Tartaglia, Chief Corporate Business Officer of CDP, “with this operation, CDP confirms its practical support for the business fabric of the Liguria region in a key sector for the economy of the territory, yachting. It is part of our continuous objective to promote and boost the industry’s processes of innovation, while increasing and developing leading Italian pursuers of excellence on a global level”.
Massimo Perotti, Executive Chairman of the company: “We are delighted to have such a prestigious partner as Cassa Depositi e Prestiti for our research, development and innovation programmes, in which we are continuing to invest significant resources. In a scenario of drastic change like the one caused by Covid-19, Sanlorenzo has confirmed all investments destined for the development of new products, as we are convinced that innovation plays a fundamental role in the elements required to ensure future development and tackle the new challenges we are facing. Sanlorenzo has always stood out for its exceptional ability to innovate within the industry, and the agreement with CDP will help us to develop and subsequently launch on the market a series of extremely hi-tech solutions essential for the yachting sector”.