Italian yard has deal to acquire Bertram Yachts

Feb 10, 2015 730

The parent company of the Baglietto shipyard said it signed a letter of intent to buy Bertram Yachts from the Ferretti Group.

Several Italian publications are reporting that the Gavio Group, which took over Baglietto in 2012, expects the transaction to close by March 31 and that it is conditioned on due diligence. Baglietto is located in La Spezia, Italy, and Bertram is based in Florida.

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Source: http://www.tradeonlytoday.com/

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