Italian superyacht builder Tecnomar Yachts, a leading company in design, construction and sale of luxury motor yachts has announced the acquisition of the “Admiral” brand of motor yachts.
“Admiral” Yachts was established in 1966 and has become one of the most prestigious and widely-recognized brands for aluminum & steel yachts ranging from 32 to 54 meters.
Giovanni Costantino, President and CEO of Tecnomar Group.
“Admiral maxiyachts range completes the Tecnomar portfolio and creates synergies and new growth opportunities” says Giovanni Costantino, President and CEO of Tecnomar Group. “The acquisition expands our offer and presence in the marketplace as the Admiral brand preserved his great appeal in the world yachting industry despite the financial difficulties over the last three years”.
“We are proud of the acquisition” underlines Giovanni Costantino. “We are confident the whole Group will take advantage of new growth opportunities coming up in the industry currently under massive reorganization”.
Tecnomar Group also announces the upcoming acquisition of a private dock with state-of-the-art facilities for superyachts maintenance and refitting.
About Tecnomar
Founded in 1987, Tecnomar has launched over 270 yachts and established itself as one of the top Italian luxury yacht builders. Since his arrival in January 2009, the new President Giovanni Costantino implemented and completed a massive reorganization and restructuring plan preserving however its history and founding values.
Today, in its 15,000 sq. metre production plant located in Massa, Tuscany (Italy), the company produces custom made luxury yachts ranging from 30 up to 60 metres, fully personalized according to the Shipowner’s tastes and requirements.
Below is an image gallery of Tecnomar luxury yachts
Below is an image gallery of Admiral built luxury yachts
