A great intuition
Following a series of events in 2006 Ugo Pellegrino, third generation of important entrepreneurs involved in the petrochemical and plastic industry decided to lay down preliminaries with a view to found Arcadia Yachts and to invest in the yachting sector and to produce moulds and GRP hulls.
The idea takes on a diverse course after a meeting with a designer that presents him with a set of sketches of a project which the market hadn’t ever seen before which duly became the A85.
Pellegrino and partners decided to scout around for a suitable area which they found at Torre Annunziata with 36,000 square metres of land. Arcadia Yachts becomes a reality in 2010 with a rendering of the A85 exhibited at the Düsseldorf boot show that same year. This yacht designed and built according to “Ecothink” and “Green” approaches expressed plain designs. The NPL hull with high hydro- dynamic efficiency, integrated solar panels to reduce gen. set hours, waste water treatment plants and Arcadia Assembling System which reduces otherwise wasted cuts of materials produced during construction. And in spite of all the doubts, the project was immediately successful. The first yacht was sold to a customer who’s very aware of environmental change and found in A85 the features he was looking for.
On 23rd of January 2010 Arcadia Yachts enters the luxury yachting world. It took this shipyard just seven years to expand its range up to five models, and flanking the A85 with the A85S version and three yachts the 100’, 105’, and 115’ conceived according to the same philosophy which all told amount to more than thirty superyachts sailing between China, The Mediterranean and North America, with a market share of more than 15%.
“We started up humbly following our dream. We had immediate results tied to our products. And we decided to bet on this, and developed a fleet of five yachts which were coherent with our company policies and values in a little span of time”. Said MD Pellegrino at the time.
It is precisely in the course of the expansion period that the yard starts a new development phase by bolstering the sales networks internationally while consolidating its management with Francesco Ansalone as head of Marketing & Communications and with Mario De Camillis in the role of Service Manager.
The following year in 2018 in addition to having invested over thirty million of euro in modernising the Torre Annunziata facility, Arcadia Yachts acquires 21% of the Marina di Torre Annunziata, thereby increasing the surface area of the production site from 36,000 square metres to over 47,000. This was a strategic choice to take; to back up the growing numbers of yachts in construction and after sale services.
“ To increase production capacity, build bigger yachts, maintain Arcadia’s DNA unchanged while continuing to maintain a direct and solid relationship with our customers are the reasons behind this operation” declared Ugo Pellegrino in July 2018. “ The number of orders confirmed, the number of current negotiations, and the degree of enthusiasm demonstrated for the latest models presented, spur me and the stakeholders to take responsibility as entrepreneurs and go for the opportunities that arise, after having weighed up the risks involved. Our choice therefore to acquire 21% of the Marina di Torre Annunziata in order to trigger off a natural growth of our activities in line with our principles and company policies was easy enough to make”.
Alongside of the commercial success the A range is enjoying, Arcadia Yachts has launched two new product lines: the Sherpa and FOR.TH.
The first one is referred to as “pocket superyacht” it offers yachts sporting unprecedented, unequalled spaces devised for the pleasure there is in cruising and above all for the peace and quiet you can experience in bays. The 60’ “Panta Rei II” of this Sherpa range has already been presented and will soon be joined by the debuting Sherpa XL 85’ built on spec in the course of the next Cannes Yachting Festival in September. FOR.TH which stands for Forward Thinking is an ambitious project of a 47 metre explorer which the yard has not as yet started to build.
That’s not so bad, inasmuch as in less than ten years since inception which occurred on January 23rd 2010 at the Düsseldorf boot, more than 30 Arcadia Yachts’ boats are cruising in every sea.
“We have delivered about 30 Arcadia Yachts to our customers in less than ten years” declares Ugo Pellegrino. This is a result we are proud of and spurs us on to do better still. In the foreseeable future our structure will be focused as follows: on one side; on the new range and on a better distribution network and on the other on a new production strategy namely on spec builds which in addition to making our production site more efficient mainly in the area regarding delivery times, it will also put us in a better position to address customers’ needs and requests accordingly during construction”.
For further information: Arcadia Yachts