12:35 AM EDT, 07/28/2026 (MT Newswires) -- Sanlorenzo (SL.MI) plans to support a consortium that intends to acquire The Italian Sea Group (TISG.MI), according to a Monday release. The luxury yachts and superyachts company confirmed its intention of taking a minority stake in Polo Nautico Carrara, a company to be incorporated under Italian law. Polo Nautico will operate on a consortium basis and intends to make an acquisition offer for The Italian Sea Group. Polo Nautico's promoters indicated that 10% of its share capital is expected to be held by a new Italian company, with the remaining 90% to be held by two or three shipyards.

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