Under new ownership, Silent-Yachts has emerged from financial challenges with renewed vigor and determination. Led by new majority owner Michael Said, the company has embarked on a path of growth and innovation, buoyed by fresh funding and a solid management team.
SY60 (credits: Alberto Cocchi)
Michael Said, an American-German investor and a Silent-Yachts client himself, has acquired the assets of Silent-Yachts, including the intellectual property and the shipyard Silent Italia in Fano, through his acquisition vehicle Helios Yacht Investments GmbH. His timely intervention ensured that funding remained available, preserving 140 jobs and allowing progress on existing orders for the Silent 62.
Michael Said
The first of these newly launched Silent 62 3-Deck yachts marks a milestone in the company's journey under new ownership. With seven more scheduled for completion this year and plans for an 80-footer in 2025, Silent-Yachts is poised for significant expansion and development.
Fabrizio Iarrera
Leading the charge is new CEO Fabrizio Iarrera, a seasoned figure in the Italian yachting sector. Under his leadership, the company has undergone restructuring and is now positioned for a bright future. "Silent-Yachts is known for its innovative technology in electric catamarans," says Iarrera, emphasizing the brand's commitment to pushing boundaries in the industry.
Supported by a board of shareholders and vice chairman Steve Bell, Silent-Yachts aims to fulfill its current orders while also planning for future production slots. The focus remains on delivering exceptional yachts and providing top-notch service and support to clients worldwide.
Steve Bell
Looking ahead, Iarrera expresses confidence in the team's ability to excel in the market and maintain Silent-Yachts' reputation as a pioneer in electric catamarans. With a streamlined operation and a dedicated workforce, the company is poised to navigate towards a bright and prosperous future.
Silent-Yachts is producing the world’s first fully solar-sustainable oceangoing production catamaran yachts. They are powered exclusively by solar energy and capable of cruising up to 100 miles per day. In 2009, founders Heike and Michael Köhler, who have spent 6,000 days cruising more than 75,000 miles all around the world, launched the Solarwave 46, the first fully self-sufficient blue-water catamaran after years of testing solar-powered propulsion, and they have been building boats ever since.
Credits: Silent-Yachts