Mergers, Acquisitions & Exits – Page 47
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V.Group ownership changes hands
Advent International buys majority stake in ship management group
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€30m capital increase for Azimut Benetti
Tamburi Investment Partners SpA increases minority stake in Italian yacht-builder, injects €30m to enhance development and growth
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Ferretti sold to Shandong Heavy Industries
Creditors sell 75 per cent of Italian yacht conglomerate to Chinese construction equipment manufacturer
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BUSINESS REPORT | ITALY: Azimut-Benetti
Despite the downturn the Italian boatbuilder has continued with its ambitious three year plan for model development
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BUSINESS REPORT | ITALY: Clouds lifting
The Italian market has been hit hard in the downturn as sales amongst its legion of motoryacht builders evaporated practically overnight. Thankfully signs of recovery are starting to lift the gloom
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Simpson Marine hires new general manager
Asian yacht brokerage Simpson Marine has appointed William C Hutchison as the group's new general manager, effective August 1, 2005
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