Opacmare S.p.A., manufacturer of yacht components and accessories, has acquired Viareggio, Italy, based Pin-Craft S.r.l.
The acquisition is said to be a strategic and fundamental step Opacmare is taking towards its key targets.
Pin-Craft produces a range of marine mechanical and hydraulic equipment including custom made gangways, side boarding ladders, swim ladders and platforms and handling systems for doors and hatches.
The acquisition, for an undisclosed sum, will enable Opacmare to take over Pin-Craft’s manufacturing site in Viareggio which the company says is one of the ‘throbbing hearts of the Italian nautical industry, renowned worldwide for innovation and manufacturing quality’.
Portfolio
Opacmare will also expand its products portfolio, integrating new solutions and enlarging its offering to satisfy requests from boats over 50 metres and strengthen its presence in the high quality production segment.
The group is set to be able to meet the needs of boats from 10 to 200 metres.
Other key goals are to offering turnkey solutions with the integration of Pin-Craft’s skills and infrastructure enabling Opacmare to supply its customers with installation services, optimise service times, costs and quality.
In addition, Opacmare says the acquisition will add value to Pin-Craft’s growth potential using Opacmare’s network and support.
New markets
Pin-Craft will be able to gain access to new markets and increase turnover, with the integration of the companies bringing synergetic benefits for the group while also improving internal effectiveness and increasing overall production capacity.
“We strongly believe that this acquisition shall add value not only to our company, but to clients, suppliers and partners as well,” said Pietro Sacco, president of Opacmare.
“It is a forward-looking choice aiming for growing together towards excellence, innovation and sustainability.”
Integration processes for the two companies have already started.
Opacmare is based in Rivalta di Torino, Italy.
