Independent journal on economy and transport policy
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The French Catana Group will acquire 75% of the Tunisian boat yard Magic Yachts
The plant occupies superficial in order almost 30 thousand square metres
December 11, 2019
Shipbuilding the French society of nautical Catana Group has signed an agreement in order to acquire through Haco, branch of Tunisian production of the group, 75% of the capital of the Magic Yachts, specialized Tunisian ship yard in the construction of engine and sail yacht until 40 meters that is situated in the Bizerta Free Zones. The understanding will have to be completed within next March. The Tunisian plant occupies superficial in order almost 30 thousand square metres, of which 10 thousand of buildings.
Catana Group has explained that, as a result of the consisting question of boats of its two marks Catana and Bali, seven months ago the group had announced the intention to open a new plant to Canet-en-Roussillon, in France, where Catana Group has another plant that produces almost the half of the catamarans of the group. However the problematic negotiations with the local community in order to find the superficial on which installing the nautical pole and relative delays - it has specified the company - have turned out incompatible with the industrial strategy of the group and this are added to the difficulty of assumption of qualified staff and to the very meaningful increase of the taxation of the industrial activities, elements that have weighed on the decision of the group to find a new solution addressing itself towards the search of a great plant of already existing production which better solution in order to satisfy the more and more pressing requirements of production of the range "Bali". Catana Group has specified that the current site of Canet-en-Roussillon however will be optimized in the next few months, so doubling the amount of units produced in the historical range "Catana".
Remembering that Catana Group and Magic Yachts collaborate already from various months, the French group has announced that Francesco Campana, that manages the Tunisian company from 2003, will permanently remain involved in Magic Yachts.
In occasion of the announcement of the agreement, Catana Group has announced that, after five years of advanced annual medium increase to 50%, the value of the pocketbook orders will allow this year with the company to exceed the threshold of the turnover of 100 million euros.
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Shipbuilding the French society of nautical Catana Group has signed an agreement in order to acquire through Haco, branch of Tunisian production of the group, 75% of the capital of the Magic Yachts, specialized Tunisian ship yard in the construction of engine and sail yacht until 40 meters that is situated in the Bizerta Free Zones. The understanding will have to be completed within next March. The Tunisian plant occupies superficial in order almost 30 thousand square metres, of which 10 thousand of buildings.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
