Pressmare | The Italian Sea Group

By Press Mare

22/10/2026 - 11:03

TISG, two paths for the shipyards: Azimut Benetti targets a restart, SRI Global a relaunch of the brands

Il Sole 24 Ore has outlined Azimut Benetti’s plan for The Italian Sea Group: an immediate restart of production, followed by expansion in custom builds and refit. On the other side is SRI Global, with an offer of around €260 million covering both the acquisition and a relaunch. The figures are not directly comparable: excluding the budget for the brands, the gap between the two bids could narrow. At stake are two different industrial models, with consequences for employees, suppliers and owners

By Press Mare

21/09/2026 - 11:51

Il Giornale: Massimo Perotti’s name also appears in alleged chats between former managers

Il Giornale today publishes a reconstruction of alleged WhatsApp conversations between five former managers of The Italian Sea Group, which, according to the newspaper, were recovered from company computers. The name of Massimo Perotti, Executive Chairman of Sanlorenzo, is also reportedly mentioned in connection with the affair. PressMare has not had access to this material and reports its contents solely as part of Il Giornale’s journalistic reconstruction

Yacht industry

By Press Mare

16/09/2026 - 07:12

TISG receives 11 non-binding offers as selection process moves to next phase

The first phase of the competitive process launched as part of The Italian Sea Group’s restructuring has been completed. The proposals received include transactions structured as both Asset Deals and Share Deals. The company’s advisors will now select the parties to be admitted to due diligence, ahead of binding offers due by 15 October

Yacht industry

By Press Mare

04/09/2026 - 09:52

TISG: Net Equity Negative by €402 Million in July, Loss Rises to €25.6 Million

The Italian Sea Group has filed its latest monthly update on its financial and economic position with the Court of Florence. As of 31 July 2026, net equity stood at a negative €402.1 million, current liabilities reached €512.4 million, and the loss for the period increased to €25.6 million

Yacht industry

By Press Mare

09/08/2026 - 21:40

TISG: Costantino opens the bidding process for new investors. Sanlorenzo and SRI Global-Finvacchi head toward a competitive process

Following the initial expressions of interest that emerged over recent weeks, The Italian Sea Group has formally launched a competitive process for the entry of new investors. All proposals will be collected through a single structured procedure under the supervision of the court-appointed commissioners

Yacht industry