Giuseppe Balducci was born in Limite sull’Arno, a nautical town in Tuscany. He began his career working in a historic shipyard in Viareggio, but his entrepreneurial spirit and his talent soon spurred him to look for more. This is how the Overmarine Group was born.
The Balducci family founded Mangusta in 1985, choosing a symbolic name for the company. At the time, the leading brand in open yachts was Cobra by Tecnomarine: the new company was therefore named after the mongoose, the only animal that can fight and defeat cobras. Mangusta clearly set out to challenge the status quo.
The company launched the Mangusta 80. Up until that moment, “open” yachts had never reached 80 feet in length, which meant buyers had always been forced to compromise between speed and space, sportiness and comfort. Mangusta built a large, high-performance sports yacht that was also exceptionally comfortable and pleasant to live in. It was a huge success, which left its mark in history and made the brand known all over the world. It was the beginning of Maxi Open yachts! Over the years, models grew even bigger. Their streamlined, sporty lines make them timeless classics – true icons in their field.
In 2007, the Italian boat builder set themselves a new challenge: creating one of the largest open yachts in the world, over 50 metres in length. To achieve this ambitious goal, they approached Stefano Righini, a leading designer in this segment, establishing a long, fruitful cooperation. That was how the Mangusta 165 came to life, the flagship in her range, capable of combining sportiness and performances with outstanding onboard comfort and thus enabling her Owner to live the sea at full speed (up to 38/40 knots) while also enjoying the stylish interiors of an exclusive villa.
In 2012, a new production site for the construction of the new metal lines Mangusta Oceano and Mangusta Gransport was officially opened in Pisa’s docks area. The shipyard extends over an area of 22,000 square metres, allowing to build several units in parallel at the same time.
Mangusta’s innovation never stops: in 2016, the first three-decker hit the water, a 42-metre steel and aluminium mega yacht part of the new Mangusta Oceano long range line – displacement vessels conceived for those who want to travel the world in style, no matter the destination or the distance to cover. The project, which had started back in 2013, was the result of the successful cooperation with designer Alberto Mancini.
2018 saw the launch of the Mangusta GranSport 54 El Leon, the first Mangusta to cross the oceans on a 3.5-year round-the-world voyage, covering more than 50,000 miles. Thanks to her 4 engines, totalling almost 12,000 hp, the vessel was able to cruise smoothly in any and all sea and weather conditions.
In 2021, the new Mangusta Oceano line projects were presented: the 39 and the 44, representing a new concept of villa on the sea, with wide outdoor spaces and large glazed surfaces offering breathtaking views. A new era also started for the Maxi Open line, with the iconic Mangusta 165 REV, a true revolution in elegance and performance that reinterprets traditional Mangusta lines in a contemporary key thanks to the collaboration with design firm Lobanov Design.
The first REVolutionary Mangusta 165REV was launched this year. The very epitome of classic, timeless beauty perfectly harmonised with a radically new concept of lifestyle: an aggressive profile featuring the typical rounded shapes of Mangusta’s iconic style. Lobanov Design worked side by side with the Shipyard’s Engineering Department to offer many innovative solutions, first and foremost the huge master suite developed on two levels – a loft with large, floor-to-ceiling windows flawlessly integrated in the hull.
In 2022 this new three-decker touched the water. With her steel hull and aluminium superstructure is a global yacht to be enjoyed to the full, defined by stylish lines and outstanding performances with maximum comfort. Designed by Alberto Mancini and the shipyard’s Engineering Department this yacht introduces a brand-new way of living the sea.
At Mangusta, innovation means leveraging the best technologies and newest engineering solutions to break down the boundaries between speed, low consumption and great onboard liveability. A constant effort to guarantee that each yacht’s excellence will offer best-in-class performances while never compromising on the comfort offered by generous, liveable spaces. The family-owned and family-managed business is now led by the second generation, Katia and Maurizio, and Victoria, Maurizio’s daughter.