Rubico Inc. Acquires Mega Yacht Sanlorenzo 1150Exp for $38 Million
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Rubico Inc. has agreed to acquire a vessel-owning company from Top Ships Inc. for $38 million, which includes a shipbuilding contract for the mega yacht M/Y Sanlorenzo 1150Exp. The yacht is set to be delivered in Q2 2027, with the deal approved by Rubico’s board after due diligence. A $4 million advance has been credited towards the purchase price, and the acquisition is expected to be completed by March 31, 2026.
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