Austin Parker Yachts sold to Turkish businessman

4th September 2023

Austin Parker Yachts sold to Turkish businessman

Austin Parker Yachts in Italy has been sold to Turkish businessman Baris Nalcaci for an undisclosed sum.

Austin Parker Yachts, with its HQ in Liguria and production facility in Pisa, has over 25 years of supplying motor yachts in Europe and the US. The range currently consists of three models – Ibiza, Mahon and Palma. The latest project is the Palma 86 Fly, a 4/5 cabin yacht incorporating innovative and functional design.

The company is also launching a new 27,000m² shipyard, at the Navicelli Canal in Pisa, just 5km from Galileo Galilei International Airport.

Company founder and CEO of Austin Parker Yachts Giovanni Sebastiano Gravagno said:

Gravagno will continue at the helm of the company.

Nalcaci is the President of Epsilon Composite, a manufacturing company based in Turkey that supplies composite materials to the aerospace and marine markets.

In March 2022, Italian design studio Pininfarina Nautical and yacht designer Fulvio de Simoni revealed they are working on a 48ft motor catamaran project for a new brand called Epsilon Yachts, launched by Epsilon Composite.

Nalcaci commented:

About Austin Parker Yachts


No comment yet.

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertise with M&M 
Follow us

To stay up-to-date with Marine & Maritime Opportunities, follow us on social media.