YANMAR and Smartgyro announce strategic partnership
Marine engine and propulsion systems provider YANMAR, and Smartgyro Srl, a gyro stabilization technology company, have announced a strategic partnership. The partnership includes close collaboration between the two companies and an equity investment with YANMAR enabling Smartgyro to accelerate its design, development and launch of a full line-up of highly advanced gyro stabilizers for recreational and commercial marine applications.
“We are pleased to partner with Smartgyro, a company with deep understanding of boat stabilization, great engineering expertise and compelling gyroscopic stabilization products under development that together are uniquely complementary to our marine systems, equipment and knowhow,” says Shiori Nagata, President YANMAR Marine International B.V. and leading YANMAR’s Recreational Marine Business Unit. “The partnership provides YANMAR an entry to the growing gyro stabilizer market, and perfectly matches YANMAR’s vision to enhance boater enjoyment, comfort and safety with technologically-advanced marine systems.”
Smartgyro is designing and developing a full range of gyro stabilizers, which will be available soon.
“We are thrilled to welcome aboard YANMAR as business partner,” comments Carlo Gazerro, Smartgyro founder. “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 stabilization 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.”
The partnership includes an equity investment through which YANMAR acquired majority ownership of Smartgyro. Smartgyro will operate as a stand-alone entity within YANMAR’s Recreational Marine Business Unit and remains located in La Spezia, Italy.
