Palumbo finally concludes deal for Mondomarine shipyard

Palumbo Superyachts has completed a deal to acquire the Mondomarine shipyard – after almost a year of negotiations.

The acquisition of the site was made official last week (15th November), with the Port Authority of Savona signing the yard over to Palumbo.

The deal is a significant step forward for Palumbo, as it strengthens its position as the largest refit network in the Mediterranean and East Atlantic.

Mondomarine is now part of an extensive portfolio which features eight other shipyards located in Ancona, Naples and Messina in Italy, Malta, Marseille in France, Tenerife in Spain and Rijeka in Croatia.

Palumbo has already recruited a team of designers to work on new Mondomarine yacht projects.

Chief executive Giuseppe Palumbo noted that the deal has been discussed for “almost a year”.

“We strongly believe in the potential of the renowned brand of Mondomarine and the geographic location of the shipyard.

“This acquisition will further strengthen our position to provide unparalleled service on new builds, refit and maintenance from our unique network of shipyards.”

For more information, visit Palumbo Superyachts. Sign up to our newsletter to get the best of Yachting Pages delivered direct to your inbox every month.


Yachting News
March 12, 2021
Tried & Tested: Best Yacht Crew Polo Shirts
Tried & Tested: Best Yacht Crew Polo Shirts

In this Tried & Tested, yacht bedding specialist Sea Design conducts a review into the best duvets, quilts and pillows on the market. It tests a series of leading products to work out the best yacht bedding money can buy.

By Nathan Bees
January 21, 2021
Tried & Tested: Best Yacht Cleaning Products
Tried & Tested: Best Yacht Cleaning Products

In this Tried & Tested, yacht cleaning expert Marine 16 Ltd and cleaning expert Judith Shaw rate and review some of the best cleaning products available to buy. Find out which product was crowned the best following rigorous testing.

By Yachting Pages
January 13, 2021
Tried & Tested: Best Water Toys
Tried & Tested: Best Water Toys

In our brand new Tried & Tested, yacht water toy specialist EAMS and a group of experienced superyacht captains and crew rate and review the very best luxury water toys on the market. Find out which brand and product was crowned the best...

By Nathan Bees
Specialist yacht finishing company Absolute Boat Care celebrates its 20th anniversary

Specialist yacht finishing company Absolute Boat Care is celebrating 20 years of service in the marine industry. The hig...

By Annabelle Fox
December 03, 2021
Specialist yacht finishing company Absolute Boat Care celebrates its 20th anniversary
First superyacht over 100m berths at Ayia Napa Marina

The state-of-the-art LANA superyacht, one of the most luxurious superyachts in the world, has been anchored at Ayia Napa...

By Hannah Rankine
December 03, 2021
First superyacht over 100m berths at Ayia Napa Marina

Finished reading? Now find your perfect supplier.

Search our industry-leading directory for over 20,000 superyacht suppliers, providers and marinas.

Search now