Azimut Yachts is an Italian company based in Avigliana, and it is among the brands of the Azimut|Benetti Group. Azimut builds yachts that range from 34 to 120 feet and has a presence in 70 countries.
The Italian conglomerate is reporting total sales of over 150 million euros in the region.
Longtime Fiat executive Franco Fusignani plans to inject an automotive culture into Italy’s Benetti yard.
The company reported an 18 percent increase in sales for fiscal 2017-2018, with 97 projects larger than 80 feet.
After selling $50 million worth of yachts at FLIBS, Azimut executives are planning on it.
Italian, Dutch and English builders all reported strong activity last week.
Azimut Yachts said at the Dusseldorf boat show that orders for the four-month period that ended last December were up 30 percent from the same period in 2016.
Azimut Benetti held its 2016-17 Yachtmaster conference at the Mayfair Hotel & Spa in Miami in May.