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The Calzedonia Fashion House Group acquires a majority stake in luxury yacht builder Cantiere del Pardo

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.

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The company is known for its Grand Soleil and Pardo Yachts brands.

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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.