Viken Group has announced the acquisition of Italian Yacht Design and Architecture firm Hot Lab.
Viken Group was established in early 2022 by the world-renowned design firm Tillberg Design of Sweden (TDoS) to provide targeted global expertise to the yacht building and design industry. Its latest acquisition comes as part of a series of strategic partnerships and acquisitions to strengthen the Viken Group’s offerings.
HotLab will now join TDoS and the Italian design and naval architecture firm Thalia Marine under the Viken Group umbrella. Since its founding in Milan in 2004, Hot Lab has already garnered dozens of prestigious international awards and accolades. Its calculated research, partnered with its “Architecture for Voyagers” approach to style and luxury, has led to an intelligent yet simple way to design.
This new collaboration will create a cost-efficient and customised service for clients, thanks to a stream-lined production process. Hot Lab and its employees will remain at their offices in Milan, with company founders Enrico Lumini and Antonio Romano remaining at the helm.
“We have always focused on the quality of our design and on the professionalism of the entire Hot Lab team” said Enrico Lumini, Design Manager Hot Lab. “As a proud extension of the Viken Group family, we can only increase both.”The acquisition will allow TDoS to continue its focus on large yachts and cruise ships, while working on bigger ships’ back-of-house operations, meeting SOLAS regulations and cost-effective design solutions.
“We are thrilled to welcome HotLab and its employees to Viken Group. Hot Lab’s Architecture for Voyagers approach is a welcome addition to our Group’s global offerings, which also comprise TDoS’ expertise in comprehensive cruise ship and large yacht design, and Thalia Marine’s technical brilliance. We are well on our way to realising our vision to be better together for our employees and our clients, while striving for our overall goal of a better tomorrow,” says Stefan Nilsson, CEO of the Viken Group.
“Becoming part of the Viken Group is something that makes us extremely proud. It is more a demonstration of our accomplishments to date, and the promise of the development of even greater projects in the future,” adds Antonio Romano, Marketing Manager Hot Lab.