Perini Navi will remain independent from Sanlorenzo.
Industry

Perini Navi will remain independent from Sanlorenzo.

The shipyard on the verge of bankruptcy saved the Blue Skye Investment Group...
Share

The European investment group Blue Skye Investment Group will help the Italian shipyard Perini Navi to survive the financial crisis associated with the impact on the company of the COVID-19 pandemic.

In the spring of 2020, the Perini Navi board of directors was forced to launch bankruptcy proceedings against the shipyard. Sanlorenzo was supposed to take over the company.

However, after 3 months, another solution was found. Thanks to investments and financial restructuring assistance from Blue Skye Investment Group, Perini Navi will now be able to maintain its independence. The shipyard's management will work together with two Blue Sky managers: Salvatore Cerchione and Gianluca D'Avanzo.

«This cooperation will ensure the complete stabilization of the business and its strengthening, as well as will allow to unlock all the potential and use all the skills that the company has historically known in the market. Blue Skye is an example of an ideal financial partner with which we will restart and continue to develop Perini Navi in the long term," comments «owner Edoardo Tabacchi.

Blue Skye, in turn, adds that the idea of investing in Perini Navi is fully in line with the strategy of the company, which involves supporting companies with high potential.

Share
Found a mistake in the text?

Select the required fragment
and press ctrl + enter,
or click here .

Report a mistake.