Rolls-Royce Group acquires Team Italia
Acquisition a step in Rolls-Royce strategy to become an integrated solutions provider for the yacht industry…
Collaboration between the two companies began in 2019, with an agreement that the best way to realise strategic growth plans would be for Team Italia to become part of Rolls-Royce, dedicated to completing NavCom bridge integration and automation.
In addition to its mtu propulsion system, Rolls-Royce now offers integrated bridge products as well as regulation, control, automation and navigation systems, along with many other functions for yachts. Team Italia will benefit from the Rolls-Royce Power Systems’ worldwide distribution network.
“Our products complement each other perfectly and with this step, we expand our solutions portfolio significantly in order to enhance our market position and create further benefits for our customers,” says Denise Kurtulus, vice president global marine at Rolls-Royce Power Systems AG.
Left to right: Massimo Minnella, managing director, Team Italia; Daniele Ceccanti, technical director, Team Italia; Denise Kurtulus, vice president global marine, Rolls-Royce’s Power Systems business unit; and Clemens Berger, president mobile power solutions, Rolls-Royce Power Systems.
“We are proud and very happy to become part of the Rolls-Royce group,” says Massimo Minella, Team Italia managing director. “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 and we are excited about this because we see excellent prospects for reaping the benefits together in the global luxury-yacht market.”
Under its new name Team Italia S.r.l., the company will continue 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 employed by Rolls-Royce, and Massimo Minnella will keep the role as managing director and Daniele Ceccanti as technical director. For markets outside Italy, Rolls-Royce will market the systems under the mtu NautIQ name.
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