Giuseppe Balducci, founder of Overmarine and the visionary behind the Mangusta brand, passed away on 10 June. Born in Limite sull’Arno in 1937, Giuseppe took his first steps in the yachting industry as a very young man.
After moving to Viareggio early in his childhood, in 1953 – aged only 16 – he began his adventure as an electrician at the historic Picchiotti shipyard, where he worked for many years, until 1971, when the Viareggio-based boat builder declared bankruptcy.
In the same year, Giuseppe decided to set up his own business, Elettromare, which manufactures marine electrical systems to this day. Even at that time, Elettromare was already a pioneering company that made electrical panels and systems for boats using cutting-edge equipment.
As part of his business activity, Giuseppe Balducci travelled extensively around Italy and the United States, and it was just during those trips that he realised how boat building was evolving, moving from the use of wood to that of fibreglass.
