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Sanguineti set to double its turnover

Sanguineti Chiavari is set to see a 36% rise in turnover in 2023 and to double its turnover by 2026.

The company – which was acquired by the Quick Group in 2023 – has carried out 3.5 million Euro worth of investments and has moved its HQ to Casarza Ligure (GE) in Italy which has allowed it to expand its premises by around 6,000sqm, of which around 3,500sqm are under cover.

Currently there is an ‘almost full’ orderbook for 2024 and the move will allow the company to increase production capacity and increase staff numbers by 35%.

The company will focus on creating bespoke products for shipyards and boatbuilders, using

technological innovation to better manage in-house processes, from painting to mechanical procedures such as turning, welding, milling and water jet cutting.

Impetus

“In April we acquired Sanguineti with the intention of giving impetus to the Group’s path to providing greater coverage of the superyacht and megayacht segment, which had already started with Quick designing and producing gyroscopic stabilisers, fins, windlasses and large propellers,” said Michele Marzucco, Quick SpA CEO. “The acquisition of Sanguineti is a challenge for us that will expand our ability to control the national market.”

In addition to preserving the manufacturing quality of Sanguineti Chiavari’s current production set-up, Quick intends to develop new industrialised production lines to serve smaller vessels.“Sanguineti is a very well-known company in the nautical manufacturing sector, a point of reference for superyacht and megayacht shipyards for 65 years,” said Lorenzo Cesari, CEO of Sanguineti Chiavari. “The objective we have set ourselves will lead to significant growth from many points of view, which we enthusiastically welcome and that we are sure will help us respond more and more easily and quickly to the needs and requests of our customers.”

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