The company was founded in 1918 by the Vergani family as a wood trading business for the furniture industry.

The founder’s son, Paolo, started the production of multilayer panels in 1950.
In the 1960s, Paolo Vergani bought the Ilver shipyard and Nord Compensati transformed accordingly, starting the business of designing and manufacturing phenolic marine plywood for the marine industry.

With the third generation and Francesco Vergani entering the company, the innovation process continued.

In the early Nineties, lightweight, soundproofing, fireproof sandwich panels were designed and manufactured, for the construction of yachts offering superior performance. Innovation and development are based on environmental sustainability.

Nord Compensati uses only wood from properly managed forests, chooses recyclable material, uses clean and renewable energy, and, in 2015, integrates zero formaldehyde emission production. After nearly a century of history, tradition and innovation, Nord Compensati is Italy's largest player in the marine plywood industry and is among the leading national and international players for the marine market.


The Vergani Family starts trading wood


Start of production od multilayer products for furniture


Entering the Boatbuilding business with the production of marine plywood


The company obtains the RINA certification for production


Direct import of Teak logs


Production of the first Sandwich Panels for boatbuilding


Opening the first office in Burma for Teak sourcing


ISO 9001 Quality Certification


New 15,000 sqm manufacturing and logistics center


Introduction of zero formaldehyde emission production


New design department dedicated to developing customized solutions for yacht and super yacht compartments and interiors