Industry news

Sanlorenzo and SaWa (Nautor Swan) sign a Memorandum of Understanding

8 January 2024

Sanlorenzo S.p.A and Sawa S.r.l, a company controlled by Leonardo Ferragamo, have signed a Memorandum of Understanding providing for a period of exclusivity to evaluate possible strategic alliance opportunities between the Nautor Swan Group, controlled by Sawa, and the Sanlorenzo Group.

Massimo Perotti, President and CEO of Sanlorenzo: “This agreement, if realised, would allow Sanlorenzo to extend its presence across the world of high-end yachting, while respecting the expertise and experience gained over the years by Swan, thus providing Sanlorenzo with a truly unique asset. Uniting under the same group the Sanlorenzo and Swan brands would create a pinnacle of motor and sailing yachts without equal within the competitive scenario of world yachting.”

Leonardo Ferragamo, Chairman of Nautor Swan: “Swan has a legacy of product excellence unparalleled in the world of high-end sailing yachts. A strategic alliance with the Sanlorenzo Group would offer a plethora of opportunities to continue this journey with joint investments into innovative technologies, sustainability, and an even more extensive global customer service network. A journey alongside one of the most qualified groups in the world of yachting would further strengthen our long-term vision, while preserving the unique values of the Swan brand.”