Italian builder Wider acquired

Publish date:

Italian builder Wider has been acquired for an undisclosed sum. The new owners include Nautical Hybrid Tech, Zepter Group and Hopafi Holding Srl.

The company will be based in Monaco. A statement said the group of investors will “contribute to accelerate the company’s growth” and take Wider public in three years.

New Wider president Marcello Maggi.

New Wider president Marcello Maggi.

Marcello Maggi of Nautical Hybrid Tech will serve as Wider president, as well as director of sales and marketing. Born in Ancona, Italy, Maggi was involved in the strategic development of builders such as ISA, which he co-founded in 2001, and CRN superyachts. He lives in Monte Carlo, Monaco.

“We are aiming to continue the leadership in hybrid motoryachting, boosting innovation and research in all the yachts to come,” Maggi said in the statement. “Wider will be working in a niche segment and focusing on quality and custom-built hybrid motoryachts. One of the main reasons for proceeding with the acquisition was the incredibly high level of management team and staff, besides the extraordinary performance of the yachts in terms of comfort, noise, vibration and their eco-friendly soul.”

Zepter Group owns such companies as Swisso Logical, Bioptron and Tesla Hyperlight Optics. Hopafi Holding, the investment vehicle of the Giovannetti family, controls two publicly listed companies in Italy and Eastern Europe, and holds interests in several companies related to energy and sustainability.

Wider, founded by Tilli Antonelli in 2011, has launched the Wider 32, Wider 42, Wider 150 and Wider 165.The boats’ hybrid propulsion and lack of noise and vibration garnered awards in Europe and Asia.

The statement noted that Wider will focus on aluminum hybrid boats. It has signed a license agreement with the German shipyard Lloyd Werft for hybrid yachts larger than 250 feet, which will be produced in Bremerhaven.


A Win for Gulf Reef Fish

The newly authorized DESCEND Act requires anglers to use descending gear when releasing catches in federal Gulf of Mexico waters.

Coast Guard Foundation Names Chairman

Thomas A. Allegretti will lead the non-profit’s board of directors.

In-Person Charleston Show Opens Friday

Under Covid-19 guidelines, the South Carolina boat show has a modified format for the safety of attendees and exhibitors.

Polaris Sees Q4 Surge

The powersports manufacturer had solid gains in every segment, with boat sales up 20 percent.

ABYC Updates Board

The group added a new member and elected several officers, including Nancy Cueroni as chairman.

Quick Hits: January 27, 2021

ICOMIA release its latest state of the industry report; one of the country’s largest waterjet cutting machines goes online at Maine’s Front Street Shipyard; and T-H Marine Supplies names a new national sales and marketing manager.

Q&A with Martin Bjuve

Volvo Penta of the Americas president and lifelong boater Martin Bjuve.

Changing Currents

E-mobility efforts remain centered outside of the U.S.

The Evolving Retail Culture

Finding new ways to connect with boaters.