Arcadia Yachts has announced it is expanding after acquiring 21% of Marine Di Torre Annunziata in Italy. The new site, located next to the current facility, sees Arcadia Yachts increasing their production area by 30%, giving them a facility area of over 47,000 square metres. Photo: Arcadia YachtsFollowing Arcadia Yachts' expansion, the shipyard’s production capacity is set to increase by approximately 11,000 square metres. After investing more than €30,000,000 over the past ten years, Arcadia will use their new site to produce more yachts, including larger products and improve after-sales services. The Neapolitan builder’s post-sales work has resulted in the shipyard deal with the wintering and maintenance of 40% of customers’ vessels. Photo: Arcadia Yachts“It was almost automatic for us to identify the acquisition of 21% of Marina di Torre Annunziata as a fundamental option for the natural growth of our activities, in line with our principles and with what we have done so far,” said Ugo Pellegrino, Sole Director of Arcadia Yachts.
SuperYacht Times - The State of Yachting 2020
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