Megayacht Builders Cantieri di Pisa and Mondomarine May Still Seek New Ownership
The company also reiterated its desire to find a buyer within four months, after have initially announcing that goal in early July during an appeal with an Italian bankruptcy court. Several creditors sought a formal declaration of bankruptcy to secure money owed. Mondomarine, however, now says it may seek separate buyers for each shipyard. Reportedly, several parties are already looking at Cantieri di Pisa, with some having already visited the facilities to evaluate the shipyard’s potential.
Another meeting is set for early September to work out a more concerted plan. Meanwhile, craftspeople laid off last March remain without work.
The current ownership team took over the Mondomarine yard in Savona in 2013 and invested in the infrastructure to streamline operations. The owners planned to add new builds up to 80 meters. Cantieri di Pisa came into the fold in 2014. Located in Pisa, its focus is on motoryachts up to 40 meters.
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