Calzedonia Group, an Italian fashion company, has acquired a majority stake in Cantiere del Pardo, a luxury yacht builder.
The deal was reportedly worth €150 million.Cantiere del Pardo is a well-known yacht builder that has been in business for over 50 years.
The company is known for its Grand Soleil and Pardo Yachts brands.
Image: Cantiere del Pardo
Calzedonia Group is a major player in the fashion industry.
The company owns a number of brands, including Calzedonia, Intimissimi, Tezenis, and Falconeri.
The acquisition of Cantiere del Pardo is a strategic move for Calzedonia Group.
The company is looking to expand its portfolio into new areas, and luxury yachts are a growing market.Calzedonia Group plans to invest in Cantiere del Pardo and grow the business.
The company wants to make Cantiere del Pardo a leading player in the luxury yacht market.
The acquisition of Cantiere del Pardo is a positive development for the yachting industry.
It shows that there is still strong demand for luxury yachts, even in the current economic climate.It is also a positive development for Cantiere del Pardo.
The company will benefit from Calzedonia Group’s financial resources and expertise. This will help Cantiere del Pardo to grow and expand its business.
