Quick S.p.A., a leading maker of nautical accessories owned by Fondo Italiano d'Investimento SGR, Armònia SGR and the Marzucco family, has signed an agreement to purchase 100% of Sanguineti Chiavari Produzione Articoli Nautici S.r.l., a Ligurian company specialising in the design and production of complex components for large pleasure boats, including gangways, boarding ladders, bathing ladders, tender handling systems, deck accessories and customized furnishings.
“Sanguineti is a company offering important manufacturing skills and a brand recognised worldwide for its quality and reliability, in a segment of the market with great potential for growth. Sanguineti represents the first step in a project that aims to position Quick as a supplier of advanced value-added systems in all market segments,” comments Quick's CEO Michele Marzucco.
The complementarity of the company’s customer base and product portfolio, combined with the rapid evolution of handling in nautical architecture, make the operation particularly important for the Group's growth, reinforcing its role as a key contact for shipyards, shipowners and distributors. The operation specifically augments the Group’s presence in the super-yacht and mega-yacht segment, a process that had already begun with the design and production of gyroscopic stabilisers, fins, windlasses and large propellers.
In addition to preserving the quality of manufacturing in the current production set-up, Quick intends to develop new industrialised production lines to serve smaller vessels as well, leveraging the Group's sales, distribution and service network to stimulate growth.
“The Sanguineti takeover is a valuable opportunity for Quick, allowing the Group to set up new synergies in sales and production; another step on the ambitious path toward becoming a more important player in the nautical components sector. We are seeing a lot of interest in our consolidation project among entrepreneurs in the industry, and we hope to continue on this path and announce more new buyouts of outstanding companies in the supply chain as early as this year." Gianpaolo Di Dio, Senior Partner of Fondo Italiano and Chairman of the Board of Quick.
“We are very happy to include an iconic brand like Sanguineti in our portfolio, and we are convinced that we can nurture its untapped potential for further development. We have an important investment plan in mind to make Sanguineti the leader in handling across all market segments.” Alessandro Grimaldi, Chief Executive Officer of Armònia SGR and member of the Quick Board of Directors.
“I was born into this company, and it’s been a big part of my family and my life; for thirty years I have played a proactive role in the company. Today I am proud to pass the baton to a Group that will continue to pursue the values for which Sanguineti stands out, and add new ones favouring further growth. A heartfelt thanks to all our employees, who have always nurtured Sanguineti’s success by responding to the needs of our customers.” Simona Sanguineti, Sanguineti shareholder.