Quick Group Acquires XENTA Systems, a Crucial Step in Nautical Supply Chain Consolidation

Quick Group, a leading international nautical accessories company, announced the acquisition of 100 percent of XENTA Systems S.r.l., a company specializing in the production of integrated control systems for yachts and superyachts. The transaction represents a significant step in the project to consolidate the nautical supply chain.

Quick Group’s Strategic Expansion

Quick Group, with the support of Fondo Italiano d’Investimento SGR, Armònia SGR and the Marzucco family, has further strengthened its presence in the marine industry through the acquisition of XENTA Systems. The Rome-based company is known for its expertise in developing electronic control systems for yachts and superyachts. These include diesel, electric, and hybrid propulsion systems, electronic steering systems, and more.

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XENTA: Technological Innovation and Strategic Partnerships.

XENTA develops advanced software that optimizes boat manoeuvring and navigation. It has thus earned a strategic role in internationally prestigious shipyards. The company is known for implementing complex solutions in the area of propulsion, stabilization, and remote control for boats over 60 feet.

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XENTA’s founders, Stefano Bertazzoni and Lorenzo Mongiardo, will reinvest in Quick Group, ensuring managerial continuity. This union aims to strengthen the concept of an integrated control system, offering more comprehensive and cutting-edge solutions.

The comment of the founders

Lorenzo Mongiardo, Founder and Sole Director of XENTA, spoke in the context of this important acquisition. He remarked on his pride and confidence in the integration of XENTA within Quick Group. Mongiardo emphasized the perfect synergy between the two companies, based on a shared strategic vision.

Stefano Bertazzoni, also founder of XENTA, shared his enthusiasm for the union with Quick Group. He emphasized the opportunity to combine the strengths of two complementary companies to create more comprehensive solutions. He also evuded the potential for the introduction of new products and business synergies.

Michele Marzucco, CEO of Quick Group, concluded by commenting that this acquisition represents a great strategic opportunity, paving the way for increasingly innovative and efficient solutions for the nautical world. He highlighted the goal of creating a “one-stop-shop” for the international shipbuilding industry, a reference point for integrated solutions at the forefront of technology.

(Quick Group Acquires XENTA Systems, a Crucial Step in Consolidating the Boating Supply Chain – barchemagazine.com – October 2023)