Founded in 1986, Equinoxe specialized in selling and chartering yachts off the Italian coast.

Sanlorenzo, based in La Spezia, Italy, expanded its fleet with the acquisition of 100% of Equinoxe for €2.1 million.

Founded in the 1980s, Equinoxe sells and charters yachts off the Italian coast, in addition to providing certain ancillary services to its clients, such as land transfers, onboard cuisine menus, exclusive stays, and air connections.

With the purchase, San Lorenzo will enhance Charter Fleet, the world's first single-brand charter program.

Massimo Perotti, CEO and president of San Lorenzo, noted that Equinoxe thus adds a "building block for the realization of our strategy, which sees services, along with sustainability, technology, and supply chain," as the focal points of the plan for the growth of towards 2030.

"We are pleased to welcome Equinoxe to the Sanlorenzo family," Perotti concluded.