The battle for Perini Navi begins with Sanlorenzo and Ferretti making offer

Just a few hours after The Italian Sea Group announced that it had placed a bid of €47 million for the shipyards and assets of Perini Navi, Sanlorenzo and the Ferretti Group announce that they too have placed an irrevocable bid for the shipyard. Photo: Charl van Rooy / SuperYacht TimesThe offer includes a plan aimed at restarting production and relaunching the company, "guaranteeing growth and employment continuity for the workers of the two sites (Viareggio and La Spezia) and strengthening relations with the territory."

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• Palumbo Superyachts to announce Perini Navi plans in coming days
• Is Perini Navi's fate sealed? Second auction fails to find bidders
• The Italian Sea Group makes offer for Perini Navi

Unlike the earlier press release from The Italian Sea Group, the latest press release did not unveil the value of the bid made, and it will now be up to the court which currently controls the assets to make a decision on the successful party. Photo: Perini NaviOn two previous occasions, Ferretti Group and Sanlorenzo have declared the auction price, initially of €62.5 million, then dropped to €53.5 million, to be too high. In addition to these first bidding parties, Palumbo Superyachts had previously voiced an interest in the shipyard, whether they will also place a bid for the shipyard will yet to be seen.