The Balducci family's Viareggio group, builder of fast Mangusta open yachts and 32 to 54 m aluminium and steel semi-custom yachts.
1985
Founded
Balducci family, second generation
Owner
EUR 182 m · 2024
Revenue
7th · 26 projects
Rank
32 to 54 m
Range
25 metal, 320+ composite yachts
Delivered
What happened, 2023 to 2026
Jun 2024Top seatFounder Giuseppe Balducci dies; his children Maurizio and Katia lead
Oct 2024DealBtwo Marine becomes the official representative in Türkiye
Oct 2025DealFirst Oceano 52, steel and aluminium, sold
Jun 2026DealRolls-Royce MTU engine deal extended, 64 engines
Jul 2026BuildFifth GranSport 54 launched in Pisa
Sep 2026BuildICONA, a new sub-24 m brand, launched at Cannes
What it adds up to. A generational handover in 2024 without an outside executive; revenue slipped from EUR 206 m to 182 m; a Turkish dealer since 2024.
Who runs it
Top seatMaurizio Balducci, CEO (owning family; not on the LinkedIn roster)
Head of Image and Communicationsince 2021
President, Americassince 2019
Director of Structural Engineeringsince 2016
Technical Director, metal division; new project developmentsince 2016
Chief administrative officersince 1991
Organisation. Second-generation family CEO with a sales director
What it shows for a new yard. Family CEO with a sales director and no general manager: the brand is the family.
Former leaders now elsewhere4 people who held a top or senior seat here
now Dealer Network Director at Bellini Yacht
now Tankoa Sales & Marketing Manager at TANKOA YACHTS SpA
now Vicepresidente at Marevivo Liguria
now Founder & Chairman at MAGRIMAR A1 Yachting Services
The top team as read on LinkedIn72 people read as staff, October 2026
A family CEO and a family chief administrative officer over: President Americas (an engineer turned seller, Miami), a sales manager, head of image and communication; Technical Director of the metal division and a Director of Structural Engineering (composites); production line managers per hull, project managers per division (metal, composite), a style and design manager, boat chiefs and a shipyard captain.
Overmarine runs two product lines from one family-held company: the composite Mangusta open yachts and the metal Oceano and Gransport ranges. The roster mirrors that split: separate technical heads for metal and composite, separate project managers, and production organised as lines rather than projects, closer to a series builder than to the Dutch custom yards. The commercial side is light on LinkedIn (a US president, one sales manager), consistent with family-led selling and a Turkish representative (Btwo Marine) appointed in 2024.
Seats and dates are as the people describe them on LinkedIn; a person who moved in the last months can still show the old seat. Tap a person for the profile and the reading.
Candidates at Overmarine Group · Mangusta2 in the pools; the shortlisted first, then by tier and score
Stefano Arlunno
President Americas at Mangusta Yachts · Miami Beach, United States
* Technical and pricing20%Azimut Yachts - Production Engineer @ Azimut-Benetti; Politecnico di Torino Engineering
* Business building20%Built the Americas presence from area manager to president
Leadership maturity10%No evidence in the profile.
Reading. President of Mangusta Americas since Dec 2019 (area manager before), Azimut production engineer earlier; Politecnico di Torino engineer. Runs the US arm from Miami.
Career
President Americas · Mangusta Yachts Dec 2019 – Present
Area Manager Americas · Mangusta Yachts Jun 2012 – Dec 2019
Azimut Yachts - Production Engineer · Azimut-Benetti Dec 2004 – Jan 2006
Boat Show Supervisor · Ucina Confindustria Nautica 1998 – 2004
Education
Politecnico di Torino 2004 · Engineering; Politecnico di Torino
Languages
English · Full professional proficiency, Italian · Native or bilingual proficiency
* Commercial leadership30%No evidence in the profile.
* Yacht network20%No evidence in the profile.
* Technical and pricing20%Technical Director - metal division @ MANGUSTA Overmarine Group (2016 – Present); Technical Director @ vsy
* Business building20%No evidence in the profile.
Leadership maturity10%Naval architect since 2001; Riva, Azimut, VSY, Mangusta
Reading. Since 2016; VSY technical director and production manager, Azimut technical and production coordinator, Riva project manager; Solent yacht design.
Career
New Project Development · MANGUSTA Overmarine Group Jan 2016 – Present
Technical Director - metal division - Overmarine · MANGUSTA Overmarine Group 2016 – Present
Technical Director · vsy Aug 2012 – Jan 2016
yacht production manager · vsy Aug 2006 – Jul 2012
coordinatore tecnico / produzione · Azimut Yachts Jul 2005 – Aug 2006
Facts and news, with sourcesthe research behind the overview
Show the facts and the dated news with their sources
Identity
Full name: Overmarine Group S.p.A. (registered office Viareggio; share capital EUR 2,670,000). Yacht brand: Mangusta. source
Founded: 1985 (Mangusta brand and the Overmarine yard), by Giuseppe Balducci. source
Headquarters: Viareggio, Tuscany.
Yards: production sites near Massa, Viareggio and Pisa, about 210,000 m2 in total (company statement, 2026-10-21, site above). Composite boats are built in Viareggio; metal yachts (GranSport 54) in Pisa (Darsena Pisana; site of 22,000 m2, 9,000 m2 covered, halls for yachts up to 70 m). A new Pisa production plant was due to open in June 2024. source 1source 2source 3
Sales offices: Viareggio, Miami Beach, Golfe Juan (company site, 2026-10-21).
Ownership: private, Balducci family. Founder Giuseppe Balducci died in June 2024; his children Maurizio and Katia Balducci lead the group, and a third generation has joined. Stake: not public. source
Sister companies: Elettromare (marine electrical systems, founded 1971), Effebi (composite hull production, Massarosa). ICONA, a new sub-24 m brand "inspired by Mangusta", built by Effebi New Project (Balducci family with Stefano Arlunno), launched 2026-09. source
Türkiye link: Btwo Marine (led by Ömer Balkan) is the official Mangusta sales and after-sales representative in Türkiye since 2024-10; a Turkish client bought the sixth Oceano 50 for delivery in summer 2026. source
Size
Employees: the aggregator lists 112 "addetti" for Overmarine Group S.p.A. (year not stated; probably the legal entity only). No company statement found. source
Revenue (Overmarine Group S.p.A., statutory accounts via aggregator): EUR 182.4 million in 2024 (profit EUR 7.1 million); EUR 206.2 million in 2023 (profit EUR 25.8 million); EUR 158.9 million in 2022; EUR 115.6 million in 2021. Same source.
Track record: 25 metal yachts and more than 320 composite units delivered (company statement, 2026-07-03, pressmare GranSport 54 link above).
Boat International Global Order Book.
2026 edition (published 2025-12-11): 7th, 26 projects; total metres not found. source
2025 edition (published 2024-12-18): 6th, 26 projects, 1,095 m. source
Size range: about 25 m (Mangusta 80, older) to 54 m (GranSport 54); current range roughly 32 m to 54 m. ICONA 70 (about 21 m) sits below under a separate brand.
Hull materials: composite for the Maxi Open (REV) and GranSport 33/34 lines; aluminium for the GranSport 54 (built entirely in aluminium in Pisa); steel and aluminium for the Oceano line. source 1source 2
Build type: series and semi-custom platforms; no full-custom line found.
Maxi Open / REV (fast open yachts, the brand's origin): Mangusta 104 REV (32 m, 11 sold by July 2026), 165 REV (49.9 m, 4 hulls launched by February 2026).
GranSport (fast displacement, long range): GranSport 33, 34 (successor to the 33, first launched April 2026), 38 (unveiled February 2026), 50 (debut March 2026), 54.
Oceano (displacement explorer-style): Oceano 39, 44, 50, 52 (first sold October 2025, third sold March 2026).
Notable deliveries and launches 2023–2026.
Betsy, GranSport 54, 54 m, delivered 2026-09 (fifth unit). source
Fourth 165 REV, 49.9 m, launched 2026-02.
Seventh Oceano 44, 44 m, launched 2026-05; sixth launched 2025-08. source
Third 165 REV, 50 m, launched 2024-05, delivery due end of June 2024. source
Second Oceano 39, 39 m, launched 2024-05 (US owner); first launched 2023-06. source