Quick Group acquires Italian marine electronics firm Xenta

1st November 2023

Quick Group acquires Italian marine electronics firm Xenta

Quick Group, the Italian marine equipment manufacturer, has signed an agreement to acquire 100 per cent of Italian marine electronics firm Xenta Systems, for an undisclosed sum.

The Italian marine electronics firm XENTA develops and produces a complete range of technologically advanced integrated control systems to boost performance, reliability and safety of boats, including electronic throttles, electro-hydraulic steering systems, joysticks, and remote control systems.

Xenta was founded in 2004 when Stefano Bertazzoni and Lorenzo Mongiardo launched the first joystick steering system for yachts, and now offers a complete product range for boats of all types. Its control systems incorporate both hardware and software to guarantee superior performance and reliability when manoeuvring or navigating.

Mongiardo said:

Quick was founded in 1983 by the Marzucco family, and specialises in sales, installation and after-sales management of marine electronics, refrigeration, air conditioning, heating and electrical systems. All of its products are designed, produced, assembled and tested in its HQ in Ravenna, Italy, Products include anchoring systems and capstans, thrusters and stabilisers, components for hydraulic systems and marine lighting. Fondo Italiano d’Investimento SGR and Armònia SGR acquired a majority stake in the business in August last year.

Michele Marzucco, CEO of Quick, says Xenta’s technical skills will boost the technological development of the group’s commercial portfolio. He said:

Bertazzoni and Mongiardo will reinvest in Quick, with the intention of providing managerial continuity and to stimulate the technological innovation of the group’s commercial offer.

Bertazzoni, co-founder of Xenta, concluded:

About Xenta Systems About Quick Group


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