Sanlorenzo is one of the largest and most well-known superyacht builders in the world. At the same time, Nautor Swan, one of the world's most recognizable superyacht manufacturers, also organizes coveted mega regattas. A memorandum of understanding that has just been signed suggests that Sanlorenzo may acquire Nautor Swan.
Chairman and CEO of SanlorenzoOfficer Massimo Perotti
While this was the first step in the negotiations, it was official evidence that has been circulating for weeks. Italy** has been reporting on Sanlorenzo and the chairman of the Nautor Swan groupLeonardo Ferragamodiscussions. Salvatore Ferragamois the head of SAWA, the holding company behind the Finnish-based manufacturer. Sanlorenzo recently issued a statement indicating that the two companies agreed to evaluate "joint strategic opportunities" for a period of exclusivity, which is a joint decision and an exploration of the future.
Salvatore Ferragamoand Chairman and Chief Executive Officer of SanlorenzoOfficer Massimo PerottiComments were also made on the memorandum of understanding. According toPerotti"This deal, if implemented, will allow Sanlorenzo to expand its business into the high-end sailing segment, and the combination of these brands within the same group will create a unique home of motor yachts and sailing at the top of the nautical competitive landscape." In addition, it is important that he said that "preserving SAWA's long-term expertise and experience" is a priority. "This gives Sanlorenzo a unique legacy. "At the same time,Salvatore FerragamoCall attention to the reputation of the Sawa supersailing community. He described the potential collaboration as a means to grow the brand's products on the global stage while maintaining the brand's value. He further added, "SWAN has a global unrivalled product excellence in the high-end sailing industry, and the strategic partnership with the Sanlorenzo Group will provide several opportunities to move forward on this virtuous path, co-investing in innovative technology, sustainability and a wider service network for our global customers." ”
swan shadow
swan overshadow
There was no mention of an exclusivity period in the negotiation announcement. However, there is also a good reason for Sanlorenzo to buy Nautor Swan. The relatively new Nautor Swan Motor Yachts division has added a segment that complements the Sanlorenzo superyacht. Consisting of the Swan Shadow (above) and Swan Overshadow series, the day boat and superyacht tender are directly based on customer feedback. Chairman of Nautor SwanLeonardo Ferragamo"For many years, we have been asked by our customers to launch motor boat products," he said at the time. ”
This follows a series of major acquisitions completed by Sanlorenzo over the past 12 months, as the Italian shipyard continues to move towards its business model of "Road to 2030". Since December 2022, Sanlorenzo has acquired Equinoxe, a leading charter company, as well as a majority stake in Duerre, a furniture company, and Simpson Marines, a yacht dealer in Asia.