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Birmingham Post
Birmingham Post
Business
Tom Pegden

Rolls-Royce buys Italian yacht parts maker

Derby’s Rolls-Royce has bought an Italian yacht parts manufacturer. Its German-based Power Systems subsidiary has bought Team Italia, which builds bridges for yachts, and a sister company called Onyx Marine, which builds electronic components and software for yachts.

Rolls-Royce said it meant the Power Systems business unit was now able to strengthen its position as a yacht “market leader” – and help it realise a ‘bridge to propeller’ strategy.

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

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