Sanlorenzo has confirmed its interest in fellow Italian superyacht builder Baglietto by outlining an offer to acquire part of the bankrupt shipyard’s facilities.
Managing director of Sanlorenzo, Massimo Perotti, has sent a letter to the mayor of La Spezia describing Sanlorenzo’s intention to acquire the Baglietto shipyard in the town.
He has told La Spezia’s mayor that Sanlorenzo would be ready to discuss the details of an offer after the end of October. Baglietto’s La Spezia site is located “15 minutes away” from established Sanlorenzo facilities in Ameglia.
The asking price for the Baglietto group as a whole is reportedly €42m. Perotti says it is “difficult” to imagine someone taking on all three shipyards together.
Perotti revealed details of the letter during the presentation of the SL94 at the Monaco Yacht Show last week. The move comes after Sanlorenzo released financials for 2010 showing that turnover had grown to €196m and the announcement of a €30m capital increase through Fondo Italiano di Investimento.
The Baglietto Group entered voluntary bankruptcy in March 2010 and has been seeking a new owner since.
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