What Electrical Marine does

Electrical Marine Srl is a privately held Italian marine services company founded in 1980 and headquartered in Borgaro Torinese, near Turin. The company provides a comprehensive suite of refitting, maintenance, and technical services for luxury vessels, operating as an authorized service center for Azimut Yacht (luxury OEM) and Raymarine (marine electronics). With 51-100 employees and three physical service locations — Borgaro Torinese (production and headquarters), Varazze in Liguria, and Viareggio in Tuscany — the company serves luxury yacht owners and armators primarily across Italy, with field-service operations extending throughout Europe.

The service portfolio spans complete boat refitting, new-vessel outfitting, electrical and electronic systems installation, mechanical services (engines, gearboxes, generators, stabilizers), custom carpentry and stainless-steel deck fabrication, upholstery, bodywork including hull antifouling and polishing, certified plant and system design, technical consulting, marine survey, and vessel transfers. The company's core technical competency is in electrical, electronic, security, and automation systems for luxury vessels, supervised by long-tenured principals Montesion Maurizio and Levrio Ezio. Sara Levrio serves as Data Protection Officer under GDPR.

Revenue is generated through project-based service contracts with luxury yacht owners, with pricing provided via custom quotes rather than published rate cards. The go-to-market is direct and relationship-driven, leveraging Azimut Yacht and Raymarine authorized-partner status as third-party endorsements, the company's website (electricalmarine.it), and word-of-mouth within the Mediterranean luxury-yachting community. The company is a private Srl with no disclosed institutional investors, parent company, or external funding; ownership and revenue figures are not publicly disclosed in available source material.

Name

Electrical Marine

Legal name

Electrical Marine Srl

Website

https://electricalmarine.it

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

51–100 employees

Short description

Electrical Marine Srl is an Italian marine services company founded in 1980 that provides refitting, electrical/electronic systems, mechanical, carpentry, and maintenance services for luxury yacht owners across Italy and Europe, operating as an authorized service center for Azimut Yacht and Raymarine.

Ownership category

akta.pro rank

Product category

Marine Services

NAICS

Ship Building and Repairing (336611)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI)

akta.pro secondary industries

Marine Electrical Installation, Commissioning & Field Services (IMAJAJAL), Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF), Marine Outfitting & Interior Refurbishment (TLAKAKAL), Engine & Mechanical Overhaul (Main/Aux Engines, Pumps, Valves, Compressors) (TLAHAMAD)

Keywords

• Luxury yacht services
• Boat refitting services
• Marine electrical systems
• Yacht maintenance
• Boat electronics installation

Headquarters

HQ city

Borgaro Torinese

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Distribution channels1 record

Marketing channels1 record

Core offering

Electrical Marine provides comprehensive marine services for luxury vessels, including complete boat refitting, new-boat outfitting, electrical and electronic system installation, mechanics, carpentry, upholstery, bodywork, deck hardware fabrication, cleaning, certified plant design, technical consulting, marine surveys, and boat transfer. The company operates as an authorized service center for Azimut Yacht and Raymarine, serving yacht owners and armators across Europe from its headquarters in Borgaro Torinese and service centers in Varazze and Viareggio.

Product overview

Electrical Marine is a marine service company providing a comprehensive suite of boat refitting, maintenance, and customization services. The company operates as a unified service offering rather than a modular software platform. Services span complete refitting, new boat outfitting, specialized trades (carpentry, upholstery, bodywork, mechanics), electrical/electronic systems installation, cleaning, steel fabrication, and technical consulting. As an authorized service center for AZIMUT YACHT and RAYMARINE, the company serves luxury boat owners across multiple Italian locations (Borgaro Torinese, Varazze, Viareggio) with operations throughout Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Complete boat refitting (Refitting completo imbarcazioni) Comprehensive refitting service including renovation and restoration of vessels, covering all aspects of boat refit for yacht owners seeking full lifecycle renewal.
• New boat fitting (Allestimenti imbarcazioni nuove) Fitting-out and equipping service for new boats with complete systems and furnishings, delivering turnkey commissioned vessels.
• Carpentry (Lavorazioni falegnameria) Custom woodwork services including furniture creation, interior and exterior furnishings, and deck flooring for luxury vessels.
• Upholstery (Lavorazioni tappezzeria) Upholstery services including bulkhead replacement, ceiling panels, sofas, interior linens, carpeting, external cushions, and awnings for yacht interiors and exteriors.
• Bodywork (Lavorazioni carrozzeria) Marine bodywork services including hull antifouling, polishing, painting, and internal and external accessory installation for yachts.
• Mechanical services (Meccanica) Marine mechanical services including engine inspection, gearboxes, generators, maintenance of used equipment, engine removal and installation, and stabilizer systems.
• Electrical and electronic system installation (Impiantistica elettrica ed elettronica) Installation of any kind of electrical and electronic systems on board vessels, covering the company's core technical specialty for luxury yachts.
• Interior and exterior cleaning (Pulizia interna ed esterna) Interior and exterior cleaning and sanitization services for vessels.
• Deck hardware and rigging (Carpenteria armamento coperta) Supply and installation of stainless steel parts, all types of railings, and custom fabrication for deck hardware and rigging on yachts.
• Boat transfers (Trasferimenti) Boat transfer services delivering vessels between locations for owners.
• Certified plant design (Progettazione impianti certificati) Design of certified marine plants and systems in compliance with regulatory and classification standards.
• Technical consulting (Consulenze tecniche) Technical consulting services for new and used vessels, providing expert assessment and guidance to yacht owners.
• Marine survey (Survay) Marine survey and inspection services to assess vessel condition and compliance.

Named customers2 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Azimut YachtcoreChannel Partner/ Reseller/ DistributorElectrical Marine is an authorized service center for Azimut Yacht, providing maintenance, repair and service work on Azimut luxury yachts. This partnership indicates formal certification and authorization from the yacht manufacturer.
• RaymarinecoreChannel Partner/ Reseller/ DistributorElectrical Marine is an authorized service center for Raymarine electronics, providing installation, maintenance and repair services for Raymarine marine electronics products. This partnership indicates formal certification from the electronics manufacturer.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Ferretti Group: Ferretti Group is one of the world's leading luxury yacht manufacturers (Ferretti, Riva, Pershing, CRN, Custom Line, Wally), with in-house refit and aftersales operations. It operates as a broad incumbent competing for the same pool of luxury-vessel service and refit revenue that Electrical Marine addresses.
• Azimut|Benetti Group: Azimut|Benetti Group is the world's largest private luxury yacht builder and runs authorized service networks worldwide, including the Lusben refit division. As the OEM behind one of Electrical Marine's key partnerships, it is both a critical counterparty and a competing service provider.
• Overmarine Group (Mangusta): Overmarine Group builds Mangusta luxury motor yachts and maintains its own service and refit operations. It is comparable to Electrical Marine as a luxury-vessel service and refit provider focused on high-end Mediterranean yachts.
• Sanlorenzo: Sanlorenzo is a leading Italian luxury yacht builder with its own refit and aftersales capabilities serving an overlapping clientele of high-end yacht owners. It competes for the same Italian-Mediterranean luxury refit and electrical/automation upgrade work that Electrical Marine targets.

Direct peers

• Mariotti Yachts: Mariotti Yachts is an Italian shipyard with refit and repair capabilities serving luxury and megayacht clients. It directly competes with Electrical Marine in multi-trade refit work and yacht electrical/system upgrades along the Italian Riviera.
• Lusben: Lusben is the dedicated refit and repair division of the Azimut|Benetti Group, one of the world's largest luxury yacht builders. It is a direct competitor to Electrical Marine in yacht refitting, electrical/electronic upgrades, and large-scale luxury-vessel servicing.
• Navim Group: Navim Group is an Italian marine electronics distributor and service provider offering navigation, communication, and electrical system installation and support. It competes with Electrical Marine for marine electronics installation work on yachts and overlaps in authorized-service-style distribution partnerships.

Regional players

• Sunseeker International: Sunseeker is a leading UK luxury motor yacht builder with its own aftersales and refit operations. It targets a comparable luxury owner base but is primarily focused on UK and Northern European service geographies rather than the Italian Mediterranean hub where Electrical Marine is concentrated.
• Princess Yachts: Princess Yachts is a major UK-based luxury yacht builder with a primarily Northern European service footprint. It is a regional peer in the sense that it serves a similar luxury-vessel segment and aftersales value chain, but its geographic focus differs from Electrical Marine's Italian/Mediterranean base.

Others

• Quick Spa: Quick Spa is an Italian manufacturer of marine electrical and electronic equipment (bow thrusters, windlasses, battery chargers, lighting). It is adjacent to Electrical Marine as a supplier of marine electrical components used in the kind of installations and refits Electrical Marine performs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/electrical-marine-s.r.l.

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Electrical Marine