Rolls-Royce Acquires Team Italia
Rolls-Royce Power Systems has acquired the Italian yacht bridge and marine automation specialists Team Italia for an undisclosed sum, strengthening Rolls Royce's position in the yacht market.
Team Italia, with its HQ in Viareggio, was established in 2000, and specialises in the integration and functional optimisation of navigation, telecommunications, security and data transmission equipment, using its exclusive I-Bridge® system, and integrated yacht bridges for Italian yacht builders and shipyards.
Massimo Minnella, MD of Team Italia, said:
“We are proud and very happy to become part of the Rolls-Royce group. We strongly believe that in order to implement a structured expansion and maintain the high level of continuity and growth that will secure the future of our company, we need an excellent partner and marine expert like Rolls-Royce Power Systems at our side.
“We see excellent prospects for reaping benefits together in the global luxury yacht market.”
Team Italia benefits from the Rolls-Royce Power Systems’ worldwide distribution network which provides access to global markets and yacht makers worldwide. Team Italia systems are already in service around the world on some 350 yachts of 30-100 meters in length.
Daniele Ceccanti, Technical Director of Team Italia, commented:
“Team Italia has always aimed to build products that make complex operations much simpler.
“By joining forces with Rolls-Royce Power Systems, it is moving another step forward in making increasingly complex systems that will equip the yachts of the future simpler and safer to operate.”
Rolls-Royce develops and delivers new mtu marine solutions for propulsion, automation and service, working with customers and partners to examine the best marine propulsion solutions, from fuel infrastructure to drive profiles and propulsion systems and their integration into vessels.
Further expansion of its mtu portfolio for yachts will help it to realize its ‘bridge to propeller’ strategy. In addition to a mtu propulsion system, Rolls-Royce can now offer integrated bridge products as well as regulation, control, automation, and navigation systems, and many other functions for yachts.
Denise Kurtulus, VP Marine in the Rolls-Royce business unit Power Systems, said:
“This acquisition is the next logical step on our way to becoming a provider of integrated solutions for the yacht industry. Our products complement each other perfectly, and with this step we expand our solutions portfolio significantly to enhance our market position and create further benefits for our customers.”
Having collaborated on joint development projects in 2019, the two companies now agreed that the best way to realise strategic growth plans would be for Team Italia to become part of Rolls-Royce.
Clemens Berger, President of Mobile Power Solutions at Rolls-Royce Power Systems, says Team Italia’s system design and integration, together with its software programming and the ongoing development of its bridge and integrated platforms, will be a perfect fit. He concluded:
“These capabilities and cutting-edge technologies fit perfectly with our vision for our mtu NautIQ marine automation portfolio.
“Together with Team Italia we extend our systems competence to serve our Marine customers with a holistic portfolio. Moreover, we strengthen our leading positions, diversify our offerings, explore new markets and will realise profitable growth.”
With the new name Team Italia Marine s.r.l., the company continues to operate in the Italian cities of Fano, Livorno and Forlì. Its workforce of almost 60 employees including all managers and key personal will be taken over by Rolls-Royce, as Massimo Minnella will keep the role as Managing Director and Daniele Ceccanti as Technical Director. They will be supported by Nicola Camuffo, head of the Rolls-Royce mtu Yacht Competence Centre in La Spezia.