The transaction strengthens the Group’s industrial supply chain across Viareggio, Pisa and La Spezia, supporting the growth of Maiora and AB Yachts. Up to 45 new hires are planned.
Next Yacht Group announces that SIMAN, a long-established company specialising in metal fabrication and mechanical engineering for the yachting industry, has joined its industrial ecosystem following the acquisition of 100% of the company by Continental Investment Srl, an entity under the same ownership as the Group.
The acquisition marks a strategic milestone in Next Yacht Group’s vertical integration plan and further strengthens the Group’s industrial capabilities in the metal superyacht segment for its Maiora and AB Yachts brands.
Alongside the acquisition, an industrial development plan has been launched, supported by a total investment of €20 million, of which €11 million has already been deployed. The plan aims to enhance production facilities, consolidate the order book and achieve full profitability by 2027.
Founded in 1988, SIMAN specialises in mechanical engineering, propulsion systems, and refit and maintenance services for yachts up to 60 metres in length. The company also operates in the commercial maritime and defence sectors, with a significant portfolio of ongoing contracts, including major projects for the Italian Navy.
The integration will enable Next Yacht Group to expand its production capacity through SIMAN’s industrial facilities in La Spezia and Pisa while establishing a new division dedicated to the construction of metal superyachts, further strengthening the Group’s direct control over a fully Made in Italy production chain.
New metal yacht projects for both Maiora and AB Yachts are already under development, while the first 50-metre Maiora is currently under construction. The first new models will be unveiled by the end of 2026.
“The acquisition of SIMAN represents a natural evolution of our industrial growth strategy,” said Mario Petroni, Chairman of Next Yacht Group. “This transaction expands our manufacturing capabilities in the strategically important metal yacht segment while strengthening a highly specialised Italian industrial supply chain. At the same time, it creates new opportunities for growth, innovation and employment.”
The transaction further consolidates the Group’s industrial footprint across Viareggio, Pisa and La Spezia.
Since the launch of the project, employment continuity has been secured for SIMAN’s 70 direct employees. Over the coming months, Next Yacht Group plans to recruit up to 30 additional employees, while SIMAN is expected to add approximately 15 new positions.
With this acquisition, Next Yacht Group further reinforces its integrated industrial platform and accelerates its long-term development strategy in the international market for metal superyachts.
For more information, visit www.nextyachtgroup.com
