OTAM’s business division – A brand-new acquisition.

We are glad to announce the acquisition of OTAM’s business division. The transaction, finalized in full agreement with the two founding families, includes both the historic shipyard in Genoa and the OTAM brand. The dockyard activities in Santa Margherita Ligure will remain under the ownership of the current owners.
The expansion project presented at the beginning of 2025 continues successfully. The OTAM facility covers approximately 4,800 sqm of covered areas, 3,300 sqm of open-air spaces and a water basin of nearly 10,000 sqm, complete with existing infrastructure and operational workshops. We will undergo a restructuring and upgrading program that includes extending concessions, consolidating and reorganizing these areas, and building new production sheds in line with our current needs.
An operation that goes beyond facilities and infrastructure: the OTAM workforce is being integrated into our team, ensuring job continuity while enriching the shipyard with new skills and experience. The OTAM brand, with its long-standing heritage and solid international reputation, thus becomes part of Tankoa’s portfolio.
With this transaction, we further strengthen our bond with the city of Genoa, reaffirming our role as an ambassador of Italian yacht building excellence and consolidating our presence in the region.