Italian Shipyard CNL Acquired by Nautic Marine

By B. Roberts

The Italian superyacht builders Cantieri Navali di Lavagna have been reportedly bought at auction by ProMarine Service, an Italian company owned by China’s Nautic Star Marine according the Financial Times.

Cantieri Navali di Lavagna (CNL) went bankrupt this year during the economic downturn and was bought at auction by a Chinese owned company for €13.1m on Monday. According to the Financial Times, the company will keep production at the current shipyard under Italian management with its current workforce of 15.

Cantieri Navali di Lavagna are well known for their light aluminium, fast planing superyachts such as Be Cool 2, the Admiral 35 fast model which stands testament to high-quality Italian yacht building; now under new management by ProMarine and the owning company, Nautic Star Marine.

By B. Roberts