The Japanese engine manufacturer has acquired Smartgyro Srl for an undisclosed sum
Japanese engine manufacturer Yanmar has entered the gyro stabilisation market following the acquisition of Italy-based Smartgyro Srl for an undisclosed sum.
The new partnership, announced today, includes close collaboration between the two companies and will allow Smartgyro to accelerate its design, development and launch of a full line-up of highly advanced gyro stabilisers for recreational and commercial marine applications.
Smartgyro will operate as a stand-alone entity within Yanmar’s Recreational Marine Business Unit and will remain located in La Spezia, Italy.
“We are pleased to partner with Smartgyro, a company with deep understanding of boat stabilisation, great engineering expertise and compelling gyroscopic stabilisation products under development that together are uniquely complementary to our marine systems, equipment and know-how,” says Shiori Nagata, president of Yanmar Marine International BV and head of Yanmar’s Recreational Marine Business Unit.
“The partnership provides Yanmar an entry to the growing gyro stabiliser market and perfectly matches Yanmar’s vision to enhance boater enjoyment, comfort and safety with technologically-advanced marine systems.”
Based on its innovative gyro stabilisation technology, Smartgyro is currently designing and developing a full range of gyro stabilisers which will come to market soon.
“We are thrilled to welcome aboard Yanmar as business partner,” says Smartgyro founder Carlo Gazerro. “Yanmar is a large global company with a leading position, network and decades-long experience in global recreational marine. We are very proud that such a company recognised the uniqueness of Smartgyro’s gyro stabilisation technology and is investing in accelerating our growth.
“In partnering with Yanmar, we will have a stable and strong backing to design, develop and – once ready – provide a line-up of state-of-the-art gyros, for new boats and refit installations, virtually eliminating boat roll to improve the well- being of those on board.”