Global law firm Dentons assisted Oblue International, an Asia-based company and part of the Omnia Marine Group, one of the most influential distributors of imported luxury yachts in China, in the sale of its entire stake in Sessa International to Intech Boating, a Brazilian-controlled company specializing in the production of yachts for the South American market.
Sessa International is a renowned Italian-based company and a leader in the production of yachts. It owns the brands Sessa Marine, Key Largo, Dorado, Tiburon, Islamorada and Ocean, all widely acknowledged for their “Made in Italy” excellence. With over 20,000 boats built, the company works with dealers all over the world and offers three quality lines of open and fly vessels measuring from 24 to 68 feet.
Dentons advised on all contractual and corporate aspects of this extraordinary transaction with a team led by partner Junyi Bai, member of the Corporate M&A practice and Head of Italy-China Collaboration Group, supported by associate Paolo Piscopo.
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