After the June 30th approval by the Ancona court for the sale of ISA Yachts to Palumbo Group, the Port Authority Committee of Ancona has yesterday assured the authorisation for Palumbo Group's 30-year lease of the land used by ISA Group.
This means that the definitive transfer of ISA Yachts’ production and collateral activities is now definitely underway. The production of superyachts will continue in Ancona’s facilities, under the ISA Yachts brand.
"Our plan is focused on the confluence of part of the production of new build yachts in the Ancona Shipyard. It is indeed our intention to build in the Ancona Shipyard both with our historic "Columbus Yachts" brand and with the ISA brand. We would particularly like to start the production immediately with the Columbus 40SH,” had company CEO Giuseppe Palumbo to say back in February this year.
SuperYacht Times - The State of Yachting 2020
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