Solemar Alimentaria

What Solemar Alimentaria does

Solemar S.A., operating in Greece under the legacy entity Α. ΦΟΤΖΙΑ Ε.Π.Ε., is a bespoke manufacturer of high-performance RIB (Rigid Inflatable Boat) yachts tracing its origin to 1985 as the exclusive importer of Italian Solemar Italia vessels into Greece, Cyprus, and Turkey. Following the Italian shipyard's 2017 closure, the company launched the proprietary Custom F-Line brand, retaining the original engineering team and continuing to produce mega-RIBs (vessels from 2.6m to 13.4m) under technical specifications inherited from the Solemar Italia heritage. The portfolio comprises three product lines: Custom F-Line (luxury mega inflatables 33ft–58ft including cabin cruisers, offshore, and open boats), Tender Line (custom tenders purpose-built for megayacht operators), and a multi-brand marine engine dealership (Suzuki, Volvo Penta, Cummins, Yamaha, Honda). Core technology centers on ORCA 866 heavy-duty fabrics from Pennel&Flipo for inflatable air chambers and Carbon/Kevlar composite hull construction delivering 16x the strength of standard fiberglass, with a patented floor-lifting system enabling full upright engine-room access. Solemar additionally offers used-yacht resale, after-sales refitting, winter storage, and a 3-acre secure boat parking facility at its Mati Attikis headquarters.

The business model is direct-to-customer, quote-based bespoke manufacturing with no dealer network for own-branded vessels, supplemented by engine distribution and recurring service revenue. Primary customer segments are high-net-worth individuals and megayacht operators seeking luxury tenders and leisure craft, with a secondary government/military vertical demonstrated by the 9-vessel Custom F Line 45 patrol boat contract delivered to the Arab Coast Guard. Go-to-market relies on the Solemar.gr website, Instagram and Facebook organic social, YouTube product showcases, and earned media in Greek marine publications. The company is founder-owned and operated by Ciro Foggia, with no venture or private equity investment disclosed in the source material.

Name

Solemar Alimentaria

Legal name

Solemar S.A.

Website

https://solemar.gr

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

1–10 employees

Short description

Solemar is a Greek bespoke manufacturer of high-performance mega-RIB yachts under the Custom F-Line and Tender Line brands, serving high-net-worth individuals, megayacht operators, and select government/military clients through direct sales of custom-built vessels and multi-brand marine engine distribution.

Ownership category

akta.pro rank

Product category

Custom Mega RIB Yacht Manufacturing

NAICS

Ship and Boat Building (3366), Boat Building (336612)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Full-Custom Superyacht & Megayacht Manufacturing (IMAJAMAB)

akta.pro secondary industries

Luxury Yacht Tenders & Support Craft Manufacturing (IMAJAMAK), Luxury Yacht Hull & Superstructure Fabrication (Composite/Aluminum/Steel) (IMAJAMAG), Luxury Yacht Systems Integration & Commissioning (Shipyard) (IMAJAMAI)

Keywords

• Custom RIB yachts
• Inflatable boat manufacturing
• Mega yacht tenders
• Marine engine distribution
• Boat refitting services

Headquarters

HQ city

Mati Attikis

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Custom Yacht Manufacturing: Design, manufacturing, and sale of bespoke mega RIB yachts under the Custom F-Line and Tender Line brands. Vessels are made to customer specifications with various lengths from 2.6m to 13.4m.
2. Used Yacht Sales: Resale of pre-owned Solemar vessels including models like Solemar 33 Oceanic (from €150,000) and F40 Game Fishing (€250,000).
3. Marine Engines: Sale of marine engines including Suzuki (from €18,000), along with Volvo Penta, Cummins, Yamaha, and Honda engine offerings.
4. After-Sales Services & Refitting: Comprehensive technical support, maintenance, and partial/full refitting services. Includes winter storage with systematic inspections by specialized personnel.
5. Boat Parking/Storage: 3-acre boat parking facility in Mati Attiki since 2000, offering secure storage with direct harbor access for clients.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Solemar designs, manufactures, and sells custom-built mega RIB (Rigid Inflatable Boat) yachts under the Custom F-Line and Tender Line brands, with vessels ranging from 2.6m to 13.4m. The company also distributes marine engines from Suzuki, Volvo Penta, Cummins, Yamaha, and Honda, and provides after-sales services including refitting and a 3-acre boat parking/storage facility in Mati Attikis, Greece.

Product overview

Solemar is a Greek company specializing in the manufacture of high-quality inflatable boats (RIBs - Rigid Inflatable Boats) operating primarily under the Custom F-Line brand. The product portfolio consists of three main lines: Custom F-Line (luxury mega inflatables including cabin cruisers, offshore vessels, and open boats ranging from 33ft to 58ft), Tender Line (custom tenders designed specifically for mega yacht markets), and Engines (as a dealer for Yamaha, Suzuki, Honda, Cummins, and Volvo Penta marine engines). The company also offers used yachts and after-sales services including refitting and boat parking facilities in Mati, Attica. Custom F-Line boats are distinguished by ORCA 866 heavy-duty fabrics for air chambers and carbon/kevlar construction, with designs developed in collaboration with Italian technical companies like CentroStileDesign.

Differentiator

Problem solved

Functional benefit

Brands

• Custom F-Line: Mega inflatable boats (RIBs) result of many years of experience in mega ribs, featuring technical and floating standards of the highest level with unique exterior and interior design.
• Tender Line
• Engines

Products and services

• Custom F-Line Mega RIB Yachts Bespoke mega RIB yachts ranging from 33ft to 58ft, built to customer specifications with ORCA 866 heavy-duty fabric air chambers, carbon/Kevlar construction options, and luxury cabin/finish levels comparable to megayachts. Target customers include HNW private owners, megayacht operators, and government/military clients.
• Tender Line Custom Megayacht Tenders

Quantifiable outcome

• 80% local Greek manufacturing content in military patrol vessels

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Centrostiledesign (Italy)coreTechnology or IntegrationItalian technical design company providing study, design, and construction of models and molds for Custom F-Line yachts.
• Italian ShipyardscoreStrategic or Co-development PartnerSelected Italian shipyards with high standards and experience manufacture the fiberglass parts of Solemar's boats.
• Pennel&FlipocoreTechnology or IntegrationExclusive supplier of ORCA 866 heavy-duty engineered fabrics for inflatable air chambers across all Custom F-Line vessels.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pascoe International: British builder of bespoke limousine and beachlander tenders for superyachts. Direct peer for Solemar's Tender Line in the high-end, fully-custom megayacht tender category.
• Technohull: Greek performance RIB manufacturer producing high-spec composite-hulled inflatable boats in the same size class as Custom F-Line. Most direct geographic and product peer to Solemar in the Mediterranean luxury/military RIB segment.
• Williams Jet Tenders: Leading global supplier of compact jet-driven tenders to the superyacht market. Competes with Solemar's Tender Line on yacht-tender fitments; differs in propulsion (jet vs. outboard) but highly comparable on customer and channel.
• Sacs S.r.l. Italian builder of luxury RIBs and superyacht tenders with strong overlap in product range, Italian design heritage, and target customer base of HNW owners and megayacht operators. Directly competes with Solemar's Custom F-Line and Tender Line.
• Scorpion Ribs / Serco Ltd: UK-based manufacturer of military-grade and high-performance RIBs serving defense, government, and law-enforcement customers. Closest comparable to Solemar's Military Edition F 45 HTM patrol boat line in materials, mission profile, and customer type.
• Capelli (Bombard Group): Italian RIB and luxury inflatable boat manufacturer now part of the Bombard group. Overlaps Solemar on mid-to-large RIB platforms sold to leisure and commercial clients across the Mediterranean.
• Novurania: U.S./Italian manufacturer of custom luxury yacht tenders and limousine craft for superyachts. Closest functional analog to Solemar's Tender Line serving the megayacht guest-transport use case.

Broad incumbents

• Princess Yachts Limited: Large UK luxury motor yacht builder with global dealer network and broader portfolio than Solemar. Overlaps on the HNW owner segment and uses similar premium materials and supplier relationships.
• Ferretti Group: Italian luxury yacht group owning multiple brands (Riva, Pershing, Ferretti Yachts, CRN, Itama, Wally). Comparable as a Mediterranean luxury marine platform and a logical acquirer or strategic partner for Solemar's Custom F-Line.
• Sunseeker International: Major UK luxury motor yacht manufacturer with established superyacht and large-yacht offerings. Indirectly competes for the same HNW customer wallet that drives Custom F-Line and Tender Line sales.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCWeKut0TQxHJfnEjO6FMyVQ
• Facebookfacebook.com/profile.php
• Instagraminstagram.com/custom_f_line
• LinkedInlinkedin.com/company/solemar-alimentaria

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Solemar Alimentaria