SuperYacht Times logo Yachting intelligence promo small
Yachting Intelligence
Latest news
Advertisement

Tecnomar buys the Admiral superyacht brand

New-Build

Tecnomar has announced the acquisition of the Admiral superyacht brand. Admiral was established in 1966 and has become a prestigious and widely-recognized brand for aluminum & steel yachts from 32 to 54 meter.

"Admiral superyachts range completes the Tecnomar portfolio and creates synergies and new growth opportunities" says Giovanni Costantino, President and CEO of Tecnomar Group. "The acquisition expands our offer and presence in the marketplace as the Admiral brand preserved his great appeal in the world yachting industry despite the financial difficulties over the last three years".

"We are proud of the acquisition" underlines Giovanni Costantino. "We are confident the whole Group will take advantage of new growth opportunities coming up in the industry currently under massive reorganization".

The Tecnomar Group also announced the upcoming acquisition of a private dock with state-of-the-art facilities for superyacht maintenance and refitting.

Tecnomar
+39 0585 506216
[email protected]
www.tecnomar.com

The SuperYacht Times iQ Report

SuperYacht Times - The State of Yachting 2020

Being the intelligence partner for the top shipyards and yacht brokers in the world, we have learned to analyse and track the market in great detail. Each year our leading market report is used by investors, CEOs, owners and other key decision makers to inform themselves on the state of the market and future developments. Find all the information you need on the market, fleet, construction book, ownership nationalities and much more in our report.


#weknow - do you want to know? Buy the report now for only €299!

Advertisement

Related companies