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About Baglietto
During the First and Second World Wars, Baglietto built anti-submarine motorboats for the Italian Navy that achieved top speeds of 50 knots. After the WW2, Baglietto started building leisure motor yachts again with their popular Seagull series of wooden vessels from 10 to 22m.
In 1983, the Rodriguez family acquired Baglietto and led the shipyard into the era of aluminium. The shipyard innovated by venturing into the superyacht industry, building the 45m Al Fahedi for the Emir of Dubai. Around the same time, the company built Chato for American shipowner, John van Neumann which became the fastest motor yacht in the Mediterranean, reaching 62.5 knots during sea trials.
In the 1990s, Baglietto started thinking about serial yacht production and teamed up with up and coming designer, Francesco Paszkowski to design the Opus, first 29m Open, in 1994. In 1999, the company acquired the Ferrari shipyard in La Spezia to increase its production capacity.
In 2004, Baglietto was acquired by Camuzzi Group, which also acquired Cantieri di Pisa in 2005. The group prospered until 2008 when it was hit by the financial crisis.
In 2010, Gruppo Baglietto announced it was going into voluntary liquidation after closing 2009 with 73 million euros of negative equity and 2008 with 25 million euros in losses. Later in 2010 the shipyard was acquired by Effebi-Overmarine for 33 million euros.
In 2012, Bejamino Gavio led an acquisition of the shipyard for a sum of €18.5 million on behalf of Gruppo Gavio, a large Italian corporation primarily involved in motorways and motorway concessions. The group had consolidated its position in yachting prior to acquiring Baglietto by purchasing Cerri Cantieri Navali earlier in 2012. Later, in 2015, they acquired US-based Bertram.