Italian luxury yacht group, The Italian Sea Group S.p.A. (TISG), has announced the acquisition of 100% of the share capital of high-end furniture manufacturer Celi Srl.
According to TISG, the integration of Celi’s expertise in fine woodworking, precious experience, and important production capacity will ensure further growth of TISG’s proprietary technology, as well as the internalization of production chain activities with higher added value. TISG commented that through this strategy, TISG would not only strengthen its control over the duration and quality of these activi …