Discussions over the future of troubled Italian superyacht builder, Baglietto, continue as its administrator announces two meetings with two Chinese groups scheduled for the coming week.
The interest of an American shipbuilder Bix and Mediterranean-based Monaco Marine has also been declared.
Massimo Perotti, head of Italian superyacht builder Sanlorenzo, has also been quoted in the Italian press as still being open to acquiring Baglietto.
Details of the Chinese approaches have not yet been given, but it is understood that while Bix would be interested in taking on all three of Baglietto’s Italian shipyards plus its composites factory in Tunisia, Monaco Marine is only looking at the facilities in Varazze and La Spezia.
Sanlorenzo’s Perotti has told an Italian newspaper that following the upheavals on financial markets during the summer he will be gauging the health of the yacht market during the autumn boat shows, but that he has not given up on the idea of acquiring Baglietto.
There is pressure to find a new owner for Baglietto by the end of the year, which is when the group’s concessions for the use of state-owned land expire, and government support for Baglietto’s laid-off workers will come to an end.