Perini is Perini and remains under the Tabacchi ownership

Perini Navi, S/Y Maltese Falcon

Perini Navi has today released a press note where they have announced that the Tabacchi family’s holding company, Fenix, current majority shareholder of Perini Navi, has reached an agreement with the London-based investment fund Blue Skye Investment Group, with the aim of restructuring and injecting new capital into the Italian company, after a due diligence process.

As a consequence, this new operation implicitly┬ámeans that “the Perini Navi deal” is no longer under discussion with Sanlorenzo, which in May had announced a possible acquisition of the iconic sailing yachts builder. We have reached Edoardo Tabacchi (Vice Chairman & Majority Shareholder) for a short comment on this operation and he confimered that “Sanlorenzo and Perini Navi have – by mutual agreement – decided to abandon the negotiation in order to allow Fenix to undertake a new different way”.

For the yachting community and Perini Navi lovers, this should be a very positive news. The Tabacchi family, confirming their commitment and efforts in keeping the ownership of Perini, opens up new perspectives and opportunities to the brand, which remains independent and focused on a specific niche project.

As stated in the press note, new financial resources will be made available to consolidate the Perini Navi Group and enable the continuity of the business. Blue Skye, acting as financial partner, will provide its solid expertise in the turnaround process as well as adequate financial support.