Clear vision
Cantiere delle Marche has announced a management buy-out supported at 75 percent investment by Austrian FIL Bros Family Office.
03 November 2022
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Cantiere Delle Marche has announced the acquisition of 100 percent of the capital of the company has been completed through a management buy-out supported at 75 percent by Austrian FIL Bros Family Office while the 25 percent goes to the company’s co-founders Ennio Cecchini and Vasco Buonpensiere.
At the same time, Ennio Cecchini former CEO of CdM becomes the new President and Vasco Buonpensiere, current Sales & Marketing Director, is appointed CEO.
Tom Schröder, owner of FIL Bros Family Office, says: “I have an immense passion for yachting and I found out that CdM’s management and staff share this passion of mine combined with the commitment to build something special, something that has no equal in the yachting industry.
In a statement, they said, “Together with Vasco and Ennio, since both of them play a key role in the shareholding structure, and all employees that will be further involved and motivated in the company growth, we will consolidate CdM’s position in the international arena as one of the best yacht builders in the world – consistently with what has been done in the past 12 years.
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“Our goal is to deliver three or four explorer yachts per year to owners who wish to sail the seven seas and reach in safety and utmost comfort even the highest latitudes, yacht that will distinguish themselves for their extraordinary quality.
“The acquisition is aimed at strengthening and further developing CdM’s activity together with co-founders Ennio Cecchini and Vasco Buonpensiere, true builders of the extraordinary success of CdM, still at the helm of a company that with a farsighted approach is specialised in the construction of explorer yachts of unsurpassed quality and design, real little ships in steel and aluminium.”
The company will be managed with a long-term vision in mind and with the desire to develop it through grounded and pragmatic actions while keeping all those precious characteristics that made CdM an internationally reputed player: quality, exclusivity, great attention to each client in his/her own specificity.
12 years after its foundation, CdM is the 12th shipyard in the Global Order Book 2022 by length of yachts under construction, closely following the largest yards and historical brands worldwide.
CEO, Vasco Buonpensiere, says “What we have in mind are ambitious and visionary goals yet we know that we will get them as is in the spirit and history of CdM.
“Considering that our production is totally sold up to 2026 and that the Value of Production will double within three years compared to 2021, we will further focus on our brand positioning, a brand that already got international recognition.
“CdM is perhaps the only Italian brand that plays on equal terms with the best Northern European shipyards, as witnessed by many owners who chose CdM after owning yachts built by Dutch and German shipyards.”
CdM, founded in 2010 while the crisis hit the industry hard, thanks to the vision of its founders Cecchini e Buonpensiere and their profound knowledge of ship and yacht building, became the undisputed world leader in the explorer yachts segment (with just shy of 60 percent of the explorer yachts market), becoming an international reference for the ingrained quality of its yachts, their design and technical aspects.
“Over the years, while staying true to CdM’s founding mission, we have been able to move forward, developing new ideas and designs always thinking out of the box, never following trends but creating new ones,” says the newly appointed President Ennio Cecchini.
“Our goal was to design and build the best possible explorer yachts for a growing number of experienced yacht owners, true explorers themselves.
“When we decided to specialise CdM production, Vasco and I had a clear vision of what would happen in the yachting industry and time has proved us right: that of explorer yachts is nowadays recognised as a trend.”
With an order book of as many as 13 explorer yachts (with a total length of 504 metres and a gross tonnage of around 5000 gt), CdM and its new shareholders will not rest on their laurels – they are committed to giving the company a fresh impetus for a brighter future.
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