Informazione
Regolamentata n.
2211-103-2026Data/Ora Inizio Diffusione 27 Luglio 2026 20:03:31Euronext Star Milan
Societa' :SANLORENZO
Utenza - referente :SANLORENZON06 - Bruzzese Attilio
Tipologia :2.2
Data/Ora Ricezione :27 Luglio 2026 20:03:31 Data/Ora Inizio Diffusione :27 Luglio 2026 20:03:31 Oggetto :Sanlorenzo confirms its interest in Polo Nautico Carrara’s bid for TISG Testo del comunicato
Vedi allegato
Ameglia (SP), 27 July 2026
EXPRESSION OF INTEREST AND OFFER
FOR THE ACQUISITION OF THE ENTIRE BUSINESS UNDERTAK ING
OF THE ITALIAN SEA GROUP
Sanlorenzo S.p.A. (“ Sanlorenzo ”) announces that, today, Riccardo Cima, acting for and on behalf of the promoters of Polo Nautico Carrara S.r.l. (“ PNC ”), a company to be incorporated under Italian law, submitted an expression of interest accompanied by an offer supported by security (the “ Offer ”) for the acquisition of the entire business undertaking of T he Italian Sea Group S.p.A. (“ TISG ”). The Offer also includes an undertaking to participate in any compe titive sale process that may be launched for the disposal of the business undertaking.
PNC will operate on a consortium basis and is being promoted with the aim of safeguarding employment levels, facilitating the resumption of i ndustrial operations, supporting the supply chain a nd ensuring that the sites and facilities required for shipyard activities, including refitting, haul-out and launching operations, remain in the local area.
The Offer was submitted to TISG and to the Judicial Commissioners appointed by the Court of Florence following TISG’s filing of an application, with res ervation, for access to a crisis and insolvency res olution instrument pursuant to Article 44 of Legislative De cree No. 14 of 12 January 2019 (the Italian Crisis and Insolvency Code or “CCII”).
According to the information provided by the promot ers, 10% of PNC’s share capital is expected to be held by a company to be incorporated under Italian law by Riccardo Cima and certain suppliers, while the remaining 90% is expected to be held by two or three shipyards of international standing, with whi ch discussions are at an advanced stage.
In this context, Sanlorenzo has confirmed its inter est in taking a minority stake in PNC and has issue d a letter of patronage in support of PNC’s participati on in the competitive sale process, for an amount equal to up to 10% of the purchase price, as securi ty for the payment obligations assumed by the offer or under the Offer.
The perimeter covered by the Offer comprises TISG’s entire business undertaking, excluding debts and receivables. Any continuation and completion of the ongoing shipbuilding contracts will be subject to direct negotiations with the respective yacht ow ners.
The Offer specifies a price for the acquisition of the business undertaking, which must be transferred free from encumbrances, seizure orders and security interests. It will, however, be for the competent
bodies of the proceedings to determine any base pri ce and the terms and conditions of the competitive sale process.
Massimo Perotti, Executive Chairman of Sanlorenzo , commented: “ We chose to take part in this transaction because we believe that the role of a l eading company is measured not only by its ability to create economic value, but also by its responsibili ty to safeguard jobs, preserve strategic expertise and ensure the continuity of manufacturing activities t hat represent a vital asset for the local area. Thi s is a commitment we have already demonstrated in tangible terms over the years by contributing to the development and strengthening of the Viareggio naut ical hub, through initiatives that have created industrial value and employment, as well as growth prospects for the entire supply chain. Our intentio n is to bring to the project the industrial strength, expertise and long-term vision of Polo Nautico Car rara’s shareholders, in order to enhance the local industr ial ecosystem and promote the excellence of Italian
craftsmanship worldwide.”
The effectiveness of the Offer is subject, inter al ia, to the satisfactory outcome of a full due dilig ence review of the business undertaking, the launch of t he competitive sale process and the satisfaction of the additional conditions set out in the Offer.
The Offer is made on the assumption that the sale o f the business undertaking will take place as part of insolvency proceedings to which TISG is subject and which, in accordance with the provisions of the CCII, will make it possible, inter alia, to exclude the purchaser’s joint and several liability for de bts relating to the transferred business undertaking and to rele ase the transferred movable and immovable assets from any liens, pledges and mortgages. The Offer do es not bind TISG or the competent bodies of the proceedings.
Sanlorenzo will promptly inform the market of any m aterial developments concerning the transaction, within the deadlines and in accordance with the pro cedures prescribed by applicable laws and regulations.
Musumeci, Altara, Desana e Associati (MADlex) acted as legal adviser to Sanlorenzo in connection with the transaction.
Sanlorenzo S.p.A.
Sanlorenzo is a leading global brand in the luxury yachting sector, which builds “made-to-measure” yac hts and superyachts customized for each client, characterized by a dist inctive and timeless design.
Founded in 1958 in Limite Sull'Arno (FI), the cradl e of Italian shipbuilding, Sanlorenzo has succeeded over time in carving out a clear identity, achieving a high-end brand positioning. I n 1974, Giovanni Jannetti acquired the company and created the Sanlorenzo legend, producing every year a limited number of ya chts characterized by a unique, highly recognizable style, comfort, and safety, focusing on a sophisticated clientele. In 2005, Mas simo Perotti, Executive Chairman, acquired the majo rity of Sanlorenzo, guiding its growth and development in international markets while preserving the brand's heritage.
Today, manufacturing activities are carried out in four main shipyards in La Spezia, Ameglia (SP), Via reggio (LU), and Massa, synergistically and strategically located within a 50-kilometre radius in the heart of the Italian nau tical district.
The production is articulated into four business un its: Yacht Division (composite motor yachts between 24 and 41 meters);
Superyacht Division (aluminium and steel motor supe ryachts between 44 and 74 meters); Bluegame Divisio n (composite motor yachts between 13 and 23 meters); and Nautor Swan D ivision, acquired in August 2024 (sailing yachts in carbon fibre and composite, and motor yachts in composite and alumin ium, between 13 and 44 meters). The Group also offe rs an exclusive range of services dedicated solely to Sanlorenzo, Bluegam e, and Swan clients, including crew training at the Sanlorenzo Academy, maintenance, refit and restyling services, as well as charter services.
The Group employs over 1,650 people and cooperates with a network of thousands of qualified artisan co mpanies. In addition, the Group leverages an international distribution netwo rk, a widespread service network for customers worl dwide, close collaborations with world-renowned architects and designers and a strong liaison with art and culture.
In 2025, the Group generated net revenues from the sale of new yachts of €960.4 million, with an EBITD A of €180.6 million and a Group net profit of €107.4 million.
www.sanlorenzoyacht.com
Investor Relations Comin&Partners – Press Office Attilio Bruzzese Giulia Mori, Mob. +39347 4938864 Mob. +393356560754 giulia.mori@cominandpartners. com investor.relations@sanlorenzoyacht.com Tommaso Accomanno, Mob. +393407701750
tommaso.accomanno@cominandpartners.com
Media Relations
Mariangela Barbato
Mob. +393409955110
m.barbato@sanlorenzoyacht.com
Fine Comunicato n.2211-103-2026 Numero di Pagine: 5