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Thursday, 6 July 2023

Rolls-Royce Acquires Team Italia / Onyx Marine

(06/07/23)  Rolls-Royce has acquired Team Italia / Onyx Marine.

Team Italia, established in 2000, designs and develops integrated bridges and marine navigation and automation systems – mainly for Italian yacht builders and shipyards positioned prominently on the global yacht market.

The two companies began collaborating on joint development projects in 2019, and have now agreed that the best way to realize their strategic growth plans would be for Team Italia to become part of Rolls-Royce.

Team Italia designs and develops integrated bridges and marine navigation and automation systems. Click to enlarge.
Team Italia designs and develops integrated bridges and marine navigation and automation systems

“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,” said Denise Kurtulus, Vice President Marine in the Rolls-Royce business unit Power Systems. “In addition to a mtu propulsion system, Rolls-Royce can now offer leading-edge integrated bridge products as well as regulation, control, automation, and navigation systems, and many other functions for yachts. Team Italia benefits from the Rolls-Royce Power Systems worldwide distribution network which provides access to global markets and yacht makers worldwide.”

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.

“We are proud and very happy to become part of the Rolls-Royce group,” said Massimo Minnella. “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.”

Today, Team Italia systems are in service around the world on some 350 yachts of 30m to 100m in length.

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