Bellini Nautica
Bellini Nautica is an Italian publicly listed nautical group (Euronext Growth Milan, since 2022) operating four divisions — Bellini Yacht, Bellini Classic, Italian Dealer, and Bellini Servizi — serving high-net-worth yacht owners with yacht production, vintage Riva restoration, brokerage, and storage/maintenance services across five Italian locations.
- Company typePublic
- Founded1960
- HeadquartersClusane, Italy
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Bellini Nautica does
Bellini Nautica SPA is an Italian full-service nautical company founded in 1960 in Clusane on Lake Iseo, publicly listed on Euronext Growth Milan since 2022. It operates through four business units: Bellini Yacht (luxury yacht production under the Astor line), Bellini Classic (vintage Riva restoration and brokerage), Italian Dealer (new and used boat sales including Cranchi), and Bellini Servizi (boat storage, harbor services, mechanical assistance, and refitting). The company serves high-net-worth yacht owners, vintage boat collectors, and boating enthusiasts across five Italian locations (Clusane d'Iseo headquarters plus Varazze, Rimini, Falconara Marittima, and San Lorenzo al Mare) and has expanded distribution into Turkey via exclusive dealer Korlas Marine.
Revenue is generated through a mix of one-off yacht and brokerage sales, recurring storage subscriptions at 300 berths across three Iseo-area facilities, project-based restoration services, and ongoing mechanical and maintenance contracts. Operational capabilities include a Volvo Penta-certified workshop, five industrial painting ovens, three harbor cranes (40-160 quintals), and what the company describes as the world's most complete Riva vintage boat collection (22 examples, 4 unique models). Distribution combines direct sales through Italian showrooms, exclusive dealers (Italian Dealer, Korlas Marine Turkey), e-commerce, and presence at international boat shows (Cannes Yachting Festival, Napoli Boat Show, SEAQUIP).
Recent strategic activity has focused on growing the Bellini Yacht brand: a €4 million capital raise in July 2024 with new investors taking a 34.78% stake in the subsidiary, brand collaborations with Barton Perreira (eyewear), Ducati (motorcycle launch), and artist Andrés Reisinger, and three world premieres at Cannes 2026 led by the Astor 38 OTB and Astor 68 models. Disclosed revenue grew from $11.76M (2023) to $23.98M (2025), with a proposed €10 million share capital increase authorization slated for July 29, 2026 to fund further international expansion.
Bellini Nautica firmographics
Firmographics- Name
- Bellini Nautica
- Legal name
- Bellini Nautica SPA
- Website
- https://bellininautica.it
- Company type
- Public
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Bellini Nautica is an Italian publicly listed nautical group (Euronext Growth Milan, since 2022) operating four divisions — Bellini Yacht, Bellini Classic, Italian Dealer, and Bellini Servizi — serving high-net-worth yacht owners with yacht production, vintage Riva restoration, brokerage, and storage/maintenance services across five Italian locations.
- Ownership category
- akta.pro rank
Bellini Nautica industry classification
Industry- Product category
- Luxury Yacht Services and Manufacturing
- NAICS
- Ship Building and Repairing (336611), Boat Building (336612), Marinas (71393)
- SIC
- Ship & Boat Building & Repairing (3730)
- akta.pro primary industry
- Semi-Custom & Series Production Yacht Manufacturing (IMAJAEAM)
- akta.pro secondary industries
- Luxury Yacht Refit, Rebuild & Lifecycle Upgrades (MRO) (IMAJAMAJ), Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI), Luxury Yacht Hull & Superstructure Fabrication (Composite/Aluminum/Steel) (IMAJAMAG)
Keywords
Where Bellini Nautica is headquartered
LocationHeadquarters
- HQ city
- Clusane
- HQ country
- Italy
- HQ region
- Europe
Offices5 records
Markets served
Bellini Nautica business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D
Revenue model
- Yacht Sales: Sale of new and used luxury yachts including Bellini Yacht brand vessels, new Cranchi yachts, and used Riva motorboats.
- Boat Restoration Services: Restoration of vintage Riva boats and general boat refitting services including hull painting, upholstery replacement, and electronic/mechanical systems overhaul.
- Boat Storage and Harbor Services: Annual, monthly, and seasonal boat storage services at facilities in Iseo with 300 berths total. Includes winterizing, de-winterizing, and harbor services with refueling.
- Mechanical Assistance and Maintenance: Volvo Penta technical assistance and naval workshop services for engine repair, periodic checks, and mandatory servicing.
- Riva Model Sales and Merchandise: Sale of Riva boat scale models, branded merchandise including clothing, accessories, and collectibles through e-commerce and physical locations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Riva Aquarama Experience - 1 hour guided tour on Lake Iseo |
| Unit Pricing | Pay-as-you-go | Riva d'Epoca Collection Ticket - admission to vintage boat collection |
| Unit Pricing | Pay-as-you-go | Clothing and accessories |
| Unit Pricing | Pay-as-you-go | Riva boat scale models |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
Bellini Nautica product offering
Product offeringCore offering
Bellini Nautica is a full-service nautical company operating since 1960 across four business units: Bellini Yacht (luxury yacht manufacturing under the Astor line), Bellini Classic (Riva vintage boat restoration and brokerage), Italian Dealer (new and used boat sales, including Cranchi yachts), and Bellini Servizi (harbor services, storage, mechanical assistance, refitting, and painting). The company manages all nautical procedures from purchase to ongoing maintenance, supported by a certified Volvo Penta workshop and industrial boat-painting facilities.
Differentiator
Problem solved
Functional benefit
Brands
- Astor: Yacht model line including Astor 38, Astor 58, and Astor 68
- Bellini Yacht
- Bellini Classic
- Italian Dealer
- Bellini Servizi
Products and services
- Bellini Yacht (Astor line)
- Italian Dealer - New and Used Boat Sales
- Bellini Classic - Riva Vintage Boat Restoration
- Bellini Servizi - Boat Storage and Harbor Services
- Volvo Penta Mechanical Assistance and Maintenance
- Refitting and Industrial Painting Services
- Boat Transportation Services
- Nautical Consulting and Procedures
- Bellini E-commerce Shop - Merchandise and Scale Models
- Riva Aquarama Experience
- Riva d'Epoca Collection Museum Visit
- Barton Perreira x Bellini Yacht Eyewear Collection
Quantifiable outcome
- 3 facilities with 300 total berths for boat storage
- +1 more outcomes
Companies that use Bellini Nautica
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Bellini Nautica technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Bellini Nautica partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- Korlas MarinecoreAppointed as exclusive dealer for Turkey in July 2026, representing Bellini Yacht brand in the Turkish market.
- Andrés ReisingercoreArgentine artist and designer collaborated on digital presentation of Astor 68 yacht, creating immersive digital narrative and artwork for the launch.
- Barton PerreiracoreLimited edition eyewear collaboration launched at Cannes Yachting Festival 2025. Collection includes two women's and two men's models (50 pieces each color variant), featuring Japanese acetate and polarized lenses. Distributed through Barton Perreira channels and Bellini Yacht Boutique locations.
- Volvo PentacoreCertified Volvo Penta workshop status, nationally recognized for marine engine overhaul and repair capabilities, including vintage engines.
- RivacorePremium brand partnership for vintage boat restoration and sales. Bellini operates as a leader in Riva collectibles restoration and brokerage.
- CranchicoreBrand partnership for new yacht sales. Bellini is a leader in the sale of new Cranchi yachts.
- DucatiminorBrand partnership supporting the launch of Ducati Formula 73 motorcycle.
- FranciacortaminorRegional partnership celebrating Franciacorta wine territory with experiential events including Riva Aquarama tours.
- Daniel ArshamminorArtistic collaboration creating synergy with Venice-based contemporary artist.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Bellini Nautica competitors and assessment
Company assessmentDirect peers
- Ferretti Group: Major Italian luxury yacht group (Riva, Pershing, Ferretti Yachts, Itama, CRN, Custom Line) — directly overlaps Bellini's Riva restoration/sales franchise and competes with Astor in the 35–70ft luxury segment.
- Cranchi Yachts: Italian motor yacht builder whose new-yacht line Bellini sells as exclusive dealer; product overlap in the 30–60ft recreational segment and shared customer base of Mediterranean yacht owners.
- Baglietto: Historic Italian yacht shipyard (La Spezia) building semi-custom motor yachts and megayachts; comparable heritage positioning, Italian craftsmanship narrative, and selective production model.
- Azimut|Benetti Group: World's largest private luxury yacht builder (Azimut, Benetti) competing head-to-head with Bellini Yacht in Mediterranean semi-custom yachts, with comparable boat show presence and dealer infrastructure.
- Overmarine Group (Mangusta): Italian builder of Mangusta motor yachts, direct semi-custom competitor to Bellini Yacht in the Mediterranean luxury segment with similar Italian craftsmanship positioning and dealer-driven distribution.
- Italian Sea Group: Italian luxury yacht builder (Admiral, Tecnomar, Perini Navi) listed on Euronext Milan; competes in semi-custom Italian yacht production and refit and shares Bellini's listed small-cap luxury-yacht investment thesis.
- Sanlorenzo: Italian luxury yacht manufacturer listed on Euronext STAR Milan producing semi-custom motor yachts in overlapping size classes to Bellini's Astor line, with comparable distribution via European showrooms and dealer networks.
Broad incumbents
- Sunseeker International: Large UK-based luxury motor yacht builder with a broad portfolio directly competing with Bellini Yacht across size classes; comparable reliance on European dealer networks and Mediterranean show circuit.
- Riva (Ferretti Group brand): Iconic Riva brand now owned by Ferretti Group; Bellini is a leading independent restorer/broker of vintage Rivas and sells Riva models — competing relationship between partner and indirect competitor for restoration work.
- Princess Yachts: Established UK luxury motor yacht manufacturer with global dealer footprint in similar size and price classes to Bellini Yacht's Astor range, targeting comparable HNW European clientele.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Bellini Nautica social profiles
Digital presenceBellini Nautica financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bellini Nautica leadership team
Management profileNumber of profiles
Profiles3 records
Bellini Nautica subsidiaries and ownership
Company hierarchySubsidiaries1 record
Bellini Nautica funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bellini Nautica M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bellini Nautica
What does Bellini Nautica do?
Bellini Nautica is a full-service nautical company operating since 1960 across four business units: Bellini Yacht (luxury yacht manufacturing under the Astor line), Bellini Classic (Riva vintage boat restoration and brokerage), Italian Dealer (new and used boat sales, including Cranchi yachts), and Bellini Servizi (harbor services, storage, mechanical assistance, refitting, and painting). The company manages all nautical procedures from purchase to ongoing maintenance, supported by a certified Volvo Penta workshop and industrial boat-painting facilities.
Is Bellini Nautica a public or private company?
Bellini Nautica is a public company. It is classified as public and is currently operating.
When was Bellini Nautica founded?
Bellini Nautica was founded in 1960. It employs 11 to 50 people.
Where is Bellini Nautica based?
Bellini Nautica is headquartered in Clusane, Italy, in the Europe region.
How does Bellini Nautica make money?
Five revenue lines are on record. Yacht Sales are the primary driver. The others are boat Restoration Services, boat Storage and Harbor Services, mechanical Assistance and Maintenance and riva Model Sales and Merchandise.
Who are Bellini Nautica's main competitors?
Direct peers on record are Ferretti Group, Cranchi Yachts, Baglietto, Azimut|Benetti Group, Overmarine Group (Mangusta), Italian Sea Group and Sanlorenzo. Broad incumbents are Sunseeker International, Riva (Ferretti Group brand) and Princess Yachts.
Does Bellini Nautica have an API?
No public API is recorded for Bellini Nautica.
What industry is Bellini Nautica in?
Bellini Nautica's product category is Luxury Yacht Services and Manufacturing. Its primary akta.pro industry code is IMAJAEAM, Semi-Custom & Series Production Yacht Manufacturing, with a secondary code of IMAJAMAJ, Luxury Yacht Refit, Rebuild & Lifecycle Upgrades (MRO). Its NAICS code is 336611 and its SIC code is 3730.