Sanlorenzo: ‘A binding offer for The Italian Sea Group in October’
Owner Perotti in Cannes: ‘We’re expecting 2026 to be a good year for the group.’ The ‘She’ yacht was unveiled at its world premiere: one has already been sold to Montezemolo
The Sanlorenzo Group expects 2026 to be “a good year, provided the September boat shows go well, though not an outstanding one”, in a market where Europe is buying slightly fewer boats, whilst the Americas and the Asia-Pacific region are growing. And one thing is certain: the luxury yachting group, through the consortium known as Polo di Carrara (which comprises Sanlorenzo with a 45 per cent stake, Riccardo Cima, a number of suppliers and presumably another shipyard), “will make a binding offer on 15 October for The Italian Sea Group”.
This was confirmed by Massimo Perotti, owner and chief executive officer of the group, which is headquartered in Ameglia (La Spezia), on the sidelines of the world premiere of the yacht ‘She’. The presentation of the new yacht took place yesterday evening at the Cannes Yachting Festival, an event which officially gets underway this morning with the opening of the gates on the Croisette. Whilst emphasising that Sanlorenzo has no intention of taking any reckless steps – as it had already made clear in recent days during the presentation of its half-yearly results to financial analysts – “we will present,” said Perotti, “a proposal for Tisg, through the Carrara Nautical Centre. A binding proposal this time, which means it is definitive.”
As for Sanlorenzo’s global market, the Americas recorded a 35.4 per cent year-on-year increase in sales (as reported in the half-yearly report), Asia-Pacific a 35.8 per cent increase, the Middle East and Africa a 22.7 per cent increase, and Europe a 16.6 per cent decrease. “The EU,” explained Perotti, “is buying slightly less, but there is no slump, nor is there a crisis in Europe; it is simply the result of a shift in market shares, with two markets – the Americas and Africa – having grown significantly. Let’s just say that Europe isn’t growing as fast as Asia-Pacific and the Americas have been.”
Perotti went on to emphasise that, despite the global geopolitical situation, Sanlorenzo’s share price has delivered an annual return for shareholders, to date, ‘higher than that of other major luxury firms, namely +27.9 per cent; compared with +13.7 per cent for Ferrari, -2.1 per cent for Porsche, +7.8 per cent for Richemont and -25.4 per cent for Hermès”.
Moreover, despite the winds of war around the world and US policies that certainly do not help the ecological transition, Sanlorenzo is focusing on technologies that also promote environmental awareness. In short, the company is continuing with its ‘Road to 2030’ strategy, whilst slowing down one aspect of it (the use of new fuels), which has been postponed until the appropriate infrastructure is in place. It is, however, continuing to invest in solutions that can reduce the impact of the boating industry in terms of emissions and beyond.
