A strongly desired operation that incorporates into the Quick group the Ligurian company specialising in the design and production of complex components for large pleasure boats, including gangways, boarding ladders, bathing ladders, tender handling systems, deck accessories and customised furnishings.
“Sanguineti is a company offering important manufacturing skills and a brand recognized worldwide for its quality and reliability, in a segment of the market with great potential for growth,” says Quick’s CEO Michele Marzucco. “Sanguineti represents the first step in a project that aims to position Quick as a supplier of advanced value-added systems in all market segments,”
With this acquisition,
A production that Quick aims to strengthen and consolidate through new industrialized production lines aimed to serve even smaller vessels and stimulate growth by leveraging the Group’s sales, distribution and service network.
“The Sanguineti takeover is a valuable opportunity for Quick, allowing the Group to set up new synergies in sales and production; another step on the ambitious path toward becoming a more important player in the nautical components sector,” says Gianpaolo Di Dio, Senior Partner of Fondo Italiano and Chairman of the Board of Quick “We are seeing a lot of interest in our consolidation project among entrepreneurs in the industry, and we hope to continue on this path and announce more new buyouts of outstanding companies in the supply chain as early as this year.”
Certainly not an easy decision for Sanguineti, a family business established in 1958, but one that passes the baton with great pride: “I was born into this company, and it’s been a big part of my family and my life; for thirty years I have played a proactive role in the company – says Simona Sanguineti, Sanguineti shareholder – Today I am proud to pass the baton to a Group that will continue to pursue the values for which Sanguineti stands out, and add new ones favouring further growth. A heartfelt thanks to all our employees, who have always nurtured Sanguineti’s success by responding to the needs of our customers.”
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