Azimut Yachts opened for business in 1969, and is headquartered in Avigliana, Torino, Italy. With its own facilities and the Benetti yards acquisition in 1985, Azimut owns yards in 4 regions. The president of Azimut Yachts is Paolo Vitelli, who started his company in Turin, Italy, The Benetti shipyard, based in Viareggio had been owned by the Benetti family since its foundation in 1873 and in 1985 was taken over by Azimut. The yard had earned an exceptional reputation as the producer of yachts in classical lines, fitted out with luxury interiors.