AZIMUT - BENETTI S.P.A.

Azimut-Benetti S.p.A. is a prominent Italian company that specializes in the design and manufacturing of luxury yachts. It operates under two primary brand names: Azimut Yachts and Benetti. The company is renowned worldwide for its high-quality, masterfully crafted yachts and is one of the leading players in the luxury yacht market.

History and Background:

1. Founding: Azimut Yachts was founded in 1969 by Paolo Vitelli in Turin, Italy. Originally, the company started as a charter business for sailing boats before moving into yacht manufacturing.
2. Benetti: Benetti, an older and distinguished name in yacht building, was founded in 1873 in Viareggio, Italy. It has a long tradition of producing custom-built yachts and luxury vessels.

Key Milestones:

• 1985: Azimut acquired Benetti, combining its innovative design approach with Benetti's century-long craftsmanship tradition.
• Expansion: The acquisition of Benetti allowed Azimut to enter the superyacht segment and expand its manufacturing capabilities significantly.
• Global Presence: Over the decades, Azimut-Benetti S.p.A. has grown to have a significant global presence, with sales and service networks spanning many countries.

Products and Services:

1. Azimut Yachts:

   • Typically focuses on semi-custom luxury yachts, ranging from 34 to 120 feet.
   • Known for elegance, innovative design, advanced technology, and luxurious amenities.
   • Comprised of several lines including Flybridge, S, Magellano, Atlantis, and Grande Collections.

2. Benetti Yachts:

   • Specializes in custom-built superyachts and mega yachts, often exceeding 100 feet in length.
   • Celebrated for their exquisite craftsmanship, highly skilled artisans, and cutting-edge design.
   • Offers full custom and semi-custom options to meet the specific desires and requirements of their elite clientele.

Facilities:

• Manufacturing Sites: Azimut-Benetti has several state-of-the-art shipyards located in various parts of Italy, including Viareggio, Livorno, and Savona.
• Design and Innovation Centers: The company heavily invests in research and development, ensuring their yachts remain at the forefront of technological and design innovation.

Leadership and Management:

• Key Figures: The vision of founder Paolo Vitelli has been instrumental in shaping the company. Though the company has evolved, it still maintains family involvement and retains a client-focused philosophy.

Awards and Recognitions:

• Azimut-Benetti has consistently received numerous awards and accolades for their contributions to the yachting industry. These include design awards, innovation awards, and accolades from yachting magazines and associations.

Corporate Responsibility:

• The company is committed to sustainability and environmental responsibility. This includes developing more environmentally friendly yachts and adopting sustainable practices in their manufacturing processes.

Market Position:

• Azimut-Benetti S.p.A. is widely recognized as one of the largest producers of yachts by volume and is highly regarded for its commitment to luxury, quality, and innovation.

Overall, Azimut-Benetti S.p.A. represents the pinnacle of Italian marine craftsmanship, blending traditional techniques with modern technology to produce some of the world’s most sought-after luxury yachts.