Innovation is contagious, it spreads from person to person, from product to process, from design to technology. Led by Chief Executive Officer Alberto Galassi, the Ferretti Group owns and manages six shipyards located across Italy, which combine the efficiency of industrial production with typical world-class Italian craftsmanship, reaching customers in more than 70 countries across the world thanks to a direct presence in Europe, the United States of America and Asia and its network of approximately 60, carefully-selected dealers. Ferretti has manufacturing operations in Italy and the United States. The Group's equity is now held by Norberto Ferretti and the Group's management (38.2%), Mediobanca (8.8%) and senior and mezzanine lenders (for a total of 53% in exit participation rights). Understatement and refinement: a privilege few can claim. The group consists of the following design and production companies: Ferretti Group has production facilities in: Ancona, Forlì, Cattolica, Mondolfo, La Spezia and Sarnico, Italy. The Custom Line built, 32.62-metre motor yacht Deva has been sold, thanks to Rytis Babravicius of Ocean Independence representing the seller and Dimitris Kyriazakos of EKKA Yachts who represented the buyer. FERRETTI SPA is located in FORLI', FORLI'-CESENA, Italy and is part of the Boat Building Industry. R.E.A : RN - 296608 - Num. shipyard in Pesaro was finalized. Candover bought 60% of the company in an auction, outbidding the French PAI Partners and leaving the rest 30% to the founder and 10% to Permira. Bertram Yacht was sold in 2015. In 2009, in order to align its organisational structure to the new market scenario, Ferretti Group changed its structure and undertook a series of strategic and operative actions. Ferretti Group is led by Norberto Ferretti, who cofounded the company in 1968 and remains its chairman. During Ferretti Group’s press conference, which is scheduled for Wednesday, some of next year’s new yachts will be announced, along with details about the organization of the group's subsidiaries in the United States. [8], Motivated by the needs for high tech synergy and greater international recognition, the company entered in 1989, into offshore racing. During the 1980s, the two brothers decided to specialize in the production of luxury motoryachts. FERRETTI GROUP CONQUERS THE SCENE IN FORT LAUDERDALE WITH A STUNNING FLEET OF 16 BOATS, 2 FANTASTIC AMERICAN PREMIERES AND MANY NEW PROJECTS Absolute preview for the new TØ Pershing project is revealed, a new yacht family range that will combine the pleasure of the sea with Pershing performance • by other Companies of Alberta Ferretti Group (parent companies, subsidiaries and/or affiliated companies) in Italy and abroad and their employees and collaborators (e.g. The sale of Italy-based yacht builder Ferretti Group will not likely impact the planned exit of its subsidiary from its current Miami location, according to sources. All content is posted anonymously by employees working at Ferretti Group. the Group's brands throughout the North American market - and in Asia, through its subsidiary Ferretti Group Asia Pacific Ltd., based in Hong In the early 1990s, Ferretti started an internationalisation process. In 2008, Ferretti Group acquired the assets, brands and activities of Allied Marine, an American company specialized in After Sales services and marketing of both new yachts and pre-owned motor yachts, as well as brokerage services on the US market. VIA GIOVANNI ANSALDO 7. The lobster boat, Italian-style, a feast of innovative design and technology. In May 2008, when the full extend of the crisis had not yet hit, rumours circulated indicating Candover was eyeing a second IPO[5] for the business which was seeing profits of EUR 158m on a EUR 933m turnover (2007). [9], The Ferretti team win the European Offshore Championship in 1995. Riva has been making history in sailing style and design since 1842. It has subsidiary companies in the United States (Ferretti Group North America), Brazil (Ferretti Group Brazil, based in São Paulo, and soon one based in Foz do Iguaçu ) and representative branches in Hong Kong and Shanghai (Ferretti Group Asia Pacific). In 2010, Ferretti Group Brasil was established. Led by Chairman Tan Xuguang and Chief Executive Officer Alberto Galassi, the Ferretti Group can boast modern facilities located … Norberto Ferretti, the Group's management and Mediobanca held 100% of the Group's voting rights. The dealership will represent the Ferretti Yachts, Riva and Pershing brands. In May 2001, Ferretti acquired the assets of the Oram shipyard in La Spezia, where the new Riva production area would subsequently be built. » READ MORE ABOUT OUR TECHNOLOGY AND INNOVATION. The Ferretti Group, a world leader in the design, construction and marketing of luxury motor yachts, has an unparalleled portfolio of SEVEN exclusive and prestigious brands, each with its own distinctive and unique features including Ferretti, Pershing, Itama, Bertram, Riva, Mochi Craft and … Ferretti has manufacturing operations in Italy and the United States. Lrssen Werft GmbH & Co. KG Blohm+Voss Shipyards HanseYachts AG Horizon Yacht Company Kingship Marine Limited Oceanco Overmarine Group Perini Navi S.p.a Princess Yachts International Plc Sanlorenzo S.p.a Shanghai Double Happiness Yacht Co., Ltd Sunbird Yacht Co., Ltd. Sunrise Yachts Sunseeker … Experience the exhilaration! If … Bertram Yacht, a subsidiary of the Ferretti Group; See also. Ferretti S.P.A. owns exclusive brands including Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, and Custom Line. In 2002, the Group also finalized acquisition of Cantiere Navale Mario Morini in Ancona, which enabled CRN to extend its production capacity, Pinmar S.L., a company specialized in yacht painting and refitting, and Zago S.p.A., an Italian company operating in high-profile wooden manufactured pieces and furnishings. The group owns prestigious, exclusive brands including Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally. #yourprivateisland. Pershing is a winner at the Motor Boat Awards 2021. More than 78 percent of the company's sales, which topped EUR 770 million ($880 million) in 2006, come from outside Italy. ... Director of After Sales and Service -Americas at Ferretti Group. in 1998, CRN S.p.A., in 1999, Riva S.p.A. in 2000, Cantiere Navale Mario Morini and in 2002, Itama in 2004 and Allied Marine in 2008. 13 Ferretti Group reviews. Address. In August 2001, Ferretti finalized an agreement for the acquisition of the Apreamare S.p.A. shipyards in Sorrento, a leader in the production of gozzo sorrentino boats measuring 7 to 16 metres in length. Subsidiaries Controller and Sales Controller. Notable Ferretti customers have included Richard Burton, Brigitte Bardot[2] and Sophia Loren. Since then the company has succeeded in renegotiating its debt, reducing its to EUR 550m against a conversion of credits into exit participation rights, a EUR 85m capital injection underwritten by the founder and CEO, Norberto Ferretti and some of the management team (EUR 70m) and Mediobanca (EUR 15m). It is also active in Asia through the Hong Kong-based subsidiary Ferretti Group Asia Pacific Ltd. Ferretti themselves describe the Custom Line boats as “a super-sporty spirit, an incredibly stylish design, large volumes, refined and customisable interiors, state-of-the-art technologies: a planing maxi yacht like the Custom Line 108’ can proudly boast all this.” Our friends at Yacht Style magazine bring us this review. In 1999, Ferretti Group purchased CRN S.p.A., a shipyard specialising in the production of maxiyachts in fibreglass and megayachts with steel hulls and aluminium superstructures, measuring over 30 metres in length. Single-member company Ferretti International Holding S.p.A, via Irma Bandiera 62, 47841 Cattolica (RN) Between June 2002 and January 2003, the Ferretti management team and institutional investors present among the shareholders (Permira), decided to launch a Voluntary Public Tender Offer to acquire the entire share capital of the Company, with the aim of further expanding the Group through acquisitions and a precise strategic, national and international plan. In 1996, Ferretti began operating in the segment of yachts with fibreglass flybridges, measuring 28 to 40 metres in length, through Custom Line S.p.A. Shaped by architect Filippo Salvetti, who worked with Ferretti Group to devise the external design, this newest member of the fleet opens up a whole new way to experience the sea. During the same year, Ferretti entered in the sport fisherman craft segment with the acquisition of American company Bertram Yacht, Inc.[1] - the Miami shipyard. 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