SERVICES

Baglietto, Pisa yards sold to Union Strong Marine

Livorno - The preliminary agreement has been signed by the Baglietto group to sell the business unit of the Pisa yards to the Chinese French group Union Strong Marine for a price of 6.2 million euros.

Livorno - The preliminary agreement has been signed by the Baglietto group to sell the business unit of the Pisa yards to the Chinese French group Union Strong Marine for a price of 6.2 million euros and the additional guarantee to safeguard all employment levels”. The group liquidator Federico Galantini made the announcement highlighting the fact that the acquisition procedure “will be completed by June 30th if the local authorities keep their promise to validate it, and yard production can be restarted on July 1st”.

However, the union does not like this solution and has accused Galantini of “making a decision without regional institutions being at the table”. The new industrial group would maintain the production of fiberglass hulls and can restart production right away, explains Galantini “by finishing the three almost-complete boats that have been held in the yards for years, and restarting production of the other three hulls already cast in Tunisia.

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