Press release
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april 20, 2022 - Admiral Yachts
The Italian Sea Group: signed a partnership with TWW Yachts to consolidate the Admiral and Tecnomar brands’ positioning in middle-east countries
Marina di Carrara, April 20th, 2022 – #theitalianseagroupspa, global operator in the luxury yachting industry, announces the signing of a #partnership with #twwyachts, the full-service #yacht brokerage company based in Monaco, London and Istanbul.
Under this exclusive agreement, #twwyachts will represent the #admiral and #tecnomar brands in Turkey, Egypt and Azerbaijan, where The Italian Sea Group will increase its penetration by leveraging TWW Yachts’ 360-degree proven experience.
“I am very pleased about this #partnership, which has a strategic importance for our Group –Giuseppe Taranto, Vice Chairman & Chief Commercial Officer of The Italian Sea Group commented. “Egypt, Turkey and Azerbaijan have untapped potential in luxury yachting and I am sure that TWW Yachts’ competence, especially in New-Build Sales, along with our consolidated reputation in design, quality and innovation will allow us to penetrate these markets in a widespread manner.”
“What The Italian Sea Group has accomplished in the last few years is truly remarkable - says David
Westwood, co-Managing Partner of #twwyachts - in terms of the amazing facilities they have created, the industrial process and quality standards they have established, the multiple brand
development and the resulting sales success they have encountered. TISG is now one of the global leaders in full-custom #superyacht projects. We look forward to contributing our own expertise in #superyacht sales, construction and project management to expand TISG’s brands’ penetration in countries where we have a strong presence and extensive network.”
The Italian Sea Group
The Italian Sea Group is a global operator in the luxury yachting industry, listed on Euronext Milan (“EXM”) and active in the construction and refit of motoryachts and sailing yachts up to 140 metres. The Company, led by Italian entrepreneur Giovanni Costantino, operates on the market with the brands #admiral, renown for elegant and prestigious yachts, #tecnomar, known for is sporty features, cutting-edge design and high performance of its yachts, Perini Navi, #excellence in the design and build of large sailing yachts, and Picchiotti, historical brand in the Italian yachting industry; the Company has a business unit, NCA Refit, that manages the maintenance and refit services for yachts and mega yachts with a length over 60 metres. The Italian Sea Group is the first Italian #superyacht maker for vessels over 50 metres.
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