Palumbo Superyachts Acquires Mondomarine Shipyard

Palumbo Superyachts has expanded its shipyard network with the acquisition of the Mondomarine facility and brand… Palumbo Superyachts announced the acquisition of “Mondomarine” shipyard of Savona.

Savona is strategically situated at just one hour driving from Monaco, the world capital of yachting.

Last November 15th 2018, the Port Authority of Savona finally approved the concession to Palumbo of the 20 years state concession.

Palumbo Group already has a refit/repair network of 8 shipyards strategically located in Ancona, Naples, Messina (Italy), Malta (2), Marseille (France), Tenerife (Spain) and recently Rijeka (Croatia) besides a representative office in Monaco, but following this latest success, Palumbo Superyachts further increases its  presence in the Mediterranean.

“We strongly believe in the potential of the brand Mondomarine and in its strategical location and that is what made us working on this goal for almost a year – Giuseppe Palumbo, CEO, explains . By acquiring the shipyard of Savona we strengthen our position to provide unparalleled service on new builds, refit and maintenance from our unique network of shipyards”.

Palumbo Superyachts has already got in touch with international designers to cooperate on the new Mondomarine yacht projects while keeping the core values of one of the oldest yachting shipyards, founded over a century ago in 1915.