The Italian Sea Group signs partnership agreement for Middle East
The Italian Sea Group has signed a partnership with TWW Yachts, a full-service yacht brokerage company based in Monaco, London and Istanbul.
Under the exclusive agreement, TWW Yachts will represent the Admiral and Tecnomar brands in Turkey, Egypt and Azerbaijan.
Through the new partnership, The Italian Sea Group plans to consolidate and strengthen its positioning in Middle Eastern countries.
“I am very pleased about this partnership, which has a strategic importance for our group,” says Giuseppe Taranto, vice chairman and chief commercial officer of The Italian Sea Group. “Egypt, Turkey and Azerbaijan have untapped potential in luxury yachting and I am sure that TWW Yachts’ competence, especially in new-build sales, along with our consolidated reputation in design, quality and innovation will allow us to penetrate these markets in a widespread manner.”
“What The Italian Sea Group has accomplished in the last few years is truly remarkable,” says David Westwood, co-managing partner of TWW Yachts. “In terms of the amazing facilities they have created, the industrial process and quality standards they have established, the multiple brand development and the resulting sales success they have encountered. TISG is now one of the global leaders in full-custom superyacht projects. We look forward to contributing our own expertise in superyacht sales, construction and project management to expand TISG’s brands’ penetration in countries where we have a strong presence and extensive network.”