Perini Navi on the brink of insolvency

Martin Hager

 · 10.06.2020

Perini Navi on the brink of insolvency
Perini Navi on the brink of insolvency | nz
Despite a healthy order situation, the shipyard, which was founded in 1983, would now like to reach a debt rescheduling agreement with its creditors.
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The aim is to maintain the company's business viability and to be able to continue production of the seven yachts currently under construction. Sanlorenzo has meanwhile announced that it is considering a takeover of Perini Navi. The company is in a discovery phase, "synergies and costs are being evaluated and an exclusive right of first refusal has been agreed for a possible takeover", according to an official statement. If an agreement is reached, the company, which went public last year, will become the majority owner.

Under construction in Viareggio: two 42-metre aluminium units from the new E-Volution series. Perini is welding two more sailing yachts from the E-Volution line (47m, 42m, on spec) at its Turkish site in Tuzla. | ).Photo: Perini NaviUnder construction in Viareggio: two 42-metre aluminium units from the new E-Volution series. Perini is welding two more sailing yachts from the E-Volution line (47m, 42m, on spec) at its Turkish site in Tuzla. | ).
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Martin Hager

Martin Hager

Editor in Chief YACHT

Martin Hager is editor-in-chief of the titles YACHT and BOOTE EXCLUSIV and has been working for Delius Klasing Verlag for 20 years. He was born in Heidelberg in 1978 and started sailing at the age of six, in an Opti of course. This was soon followed by 420s, Sprinta Sport and 470s, which he also sailed on the regatta course with his brother. His parents regularly took him on charter trips through the Greek and Balearic Islands. Even at a young age, it was clear to him that he wanted to turn his passion for water sports into a career. After graduating from high school and completing an internship at the Rathje boatbuilding company in Kiel, it was clear that he did not want to become a classic boatbuilder. Instead, he successfully studied shipbuilding and marine engineering in the Schleswig-Holstein state capital and focused on yacht design wherever he could. His diploma thesis dealt with the “Testing of a new speed prediction method for sailing yachts”. In 2004, the superyacht magazine BOOTE EXCLUSIV was looking for an editor with technical and nautical background knowledge, a position that was perfect for Martin Hager. The application was successful and a two-year traineeship was arranged. After twelve years as an editor, the editorial team changed and he took over responsibility for BOOTE EXCLUSIV as editor-in-chief in 2017. After long-time YACHT editor-in-chief Jochen Rieker moved to the role of publisher, Martin Hager also took over the position of editor-in-chief of Europe's largest sailing magazine YACHT, which is celebrating its 120th anniversary this year, at the beginning of 2023. When he's not working on topics for the two water sports titles, Martin Hager likes to go out on the water himself - preferably with kite and wingfoil equipment or on a little after-work trip across the Alster.

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