Headquartered in Viareggio, Italy, with a metalworking facility in Istanbul, Turkey, Perini Navi builds luxury cruising and performance cruising sailing yachts from 40 to 88 metres in length. The shipyard is part of the Perini Navi Group, which also constructs the Picchiotti Vitruvius series of large luxury motor yachts. Perini Navi was forced into bankruptcy February 1, 2021 by a judge for Lucca Trubuna, the local government authority, which rejected a financial a €100 million restructuring plan presented by Fenix Holding, for the Tabacchi family, the majority shareholder of the yacht building company. Declaring bankruptcy and appointing a receiver paves the way for possible acquisition of assets by other parties.
History of Perini Navi Yachts
Perini Navi was founded in 1983 as a result of Italian paper manufacturer and inventor Fabio Perini’s passion for sailing. Unable to find a large sailing yacht that he could operate single-handed, he decided to create a company to design and build one. At first, Perini Navi primarily was a studio for designing and engineering large luxury sailing yachts, but by 1988, the company began building its own designs.
The design goal for Perini Navi was to create large yachts that could be handled by a small crew, and to that end, the shipyard helped to develop a computerised sail-handling system that would enable sails to be furled and unfurled with the push of a button and captive winches located under deck that eliminated flailing sheets and dramatically reduced the number of crew needed to handle massive sail areas.
Following many years as a leader in the international sailing yacht industry, Perini Navi entered the luxury motor yacht sector in 2007 with the launch of the Vitruvius motor yacht series by Picchiotti, a sister division within the Perini Navi Group.
Looking to modernize its offerings in 2017 with the announcement of a new series called Evolution, featuring aluminum hulls and hybrid propulsion. Forty two metre and 47 metre versions are currently under construction including the 42M GTS version without the characteristic Perini flying bridge.