This is the Ferretti Group company profile. ferretti yachts 720. FERRETTI INTERNATIONAL S.r.l. Industry: Transportation Equipment Manufacturing. All content is posted anonymously by employees working at Ferretti Group. Norberto Ferretti won the Class 1 Offshore World Championship title in 1994. Doing Business As. PARTS FOR PLEASURE BOAT . "Winning in Races Propelled Bertram to Win in Production, Too", "Italy's Ferretti prepares to re-list, watches market", "RLPC-Ferretti close to agreeing MBO and debt for equity swap", "Class 1 UIM World Powerboat Championship", https://en.wikipedia.org/w/index.php?title=Ferretti_Group&oldid=1003595021, Manufacturing companies established in 1968, Multinational companies headquartered in Italy, Articles with dead external links from November 2019, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License, This page was last edited on 29 January 2021, at 19:08. The group owns prestigious, exclusive brands including Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally. The company was founded in 1968 by Alessandro and Norberto Ferretti and produced its first motor sailer in 1971. In November 2001, acquisition of the Mochi Craft S.r.l. 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. the Group's brands throughout the North American market - and in Asia, through its subsidiary Ferretti Group Asia Pacific Ltd., based in Hong In June 2000, with the aim of further consolidating its growth and development process, Ferretti Group decided to list on the Official Italian Stock Exchange (MTA). 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. Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}44°12′37″N 12°06′07″E / 44.2101598°N 12.101912°E / 44.2101598; 12.101912. 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 … Subsidiaries: Weichai Holding Group Ferretti Group Shantui Construction Machinery Shantui Machinery Weichai Heavy-Duty Machinery Weichai Power Yaxing Coach See other locations. Ferretti has manufacturing operations in Italy and the United States. Ferretti Group publishes its sustainability report. Ferretti Group is the world leader in the design, construction and sale of motor yachts and pleasure craft. Based on financial data, the group was valued at 1.7 billion euros. 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). And we’re proud to announce that in the last weeks, two new yachts landed in Hong Kong: Custom Line Navetta 33 Crescendo and Ferretti Yachts 650. 13 Ferretti Group reviews. In September, the Consob granted the authorization[6] for the IPO on both the London and Milan bourses. The Ferretti Group S.p.A. includes the stellar yacht brands of Riva, Pershing, Itama, Wally, Mochi Craft, CRN, and Custom Line, in addition to Ferretti Yacht s. The Group's equity was divided between Norberto Ferretti and the management (38.2%), Mediobanca (8.8%), and senior and mezzanine lenders (the latter with a total 53% in exit participation rights). R.I. RN04485970968 CRN is super-yachting: state-of-the-art design and luxurious details for your total wellbeing. Bertram Yacht was sold in 2015. 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. In March 2010, Ferretti continued its divestment policy by selling 100% of Apreamare S.p.A., which included the nautical pole of Torre Annunziata (Naples), to the Aprea and Pollia families, the founders of the historic Sorrento brand. Itama stands for seaworthiness and style, the pleasure of caressing the waves as you sweep over them in regal comfort. 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). VAT NUMBER 04485970968 The lobster boat, Italian-style, a feast of innovative design and technology. Company Description. 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 … Sporty, elegant open yachts in symbiosis with the sea. Ferretti was founded in 1968 by Alessandro and Norberto Ferretti as a manufacturer of small boats and produced its first motor sailer in 1971. Yachting, on a higher plane. [9], The Ferretti team win the European Offshore Championship in 1995. Revenue: ... Glassdoor gives you an inside look at what it's like to work at Ferretti Group, including salaries, reviews, office photos, and more. Ferretti S.p.A. (trading as Ferretti Group) is an Italian multinational shipbuilding company headquartered in Forlì which specialises in the design, construction and sale of luxury motor yachts. Riva has been making history in sailing style and design since 1842. Ferretti Group Of America Llc. 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 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. [2] In 2000, it was temporarily listed in the Italian Stock Exchange, but decided to be taken private citing concerns for negative financial climate by the September 11, 2001 attacks. Notable Ferretti customers have included Richard Burton, Brigitte Bardot[2] and Sophia Loren. 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). Mochi Craft delivers comfort, reliability and high performance in all sea conditions. Single-member company Ferretti International Holding S.p.A, via Irma Bandiera 62, 47841 Cattolica (RN) R.E.A : RN - 296608 - Num. Led by Chairman Tan Xuguang and Chief Executive Officer Alberto Galassi, the Ferretti Group can boast modern facilities located … In 2001, the company was admitted to the STAR segment (High Requisite Share Segment) of the Borsa Italiana (Italian Stock Exchange). ... Director of After Sales and Service -Americas at Ferretti Group. Recommended to you based on your activity and what's popular • Feedback VIA GIOVANNI ANSALDO 7. shipyard in Pesaro was finalized. In October 2006, the owners reconsidered flotation and filed an application to list its shares on the Milan stock exchange. 1.2k shipments | 2.5k shipments when including subsidiaries. A free inside look at company reviews and salaries posted anonymously by employees. In 1995, after the sudden death of Alessandro Ferretti, 70% of the group was acquired by Permira. Pershing 8X, the “Generation X” masterpiece, triumphs in the “Custom Yachts” category. » READ MORE ABOUT OUR TECHNOLOGY AND INNOVATION. If … Capital Stock €250.734.954,00 i.v. In 1993, Ferretti of America, Inc. was founded to market motoryachts in the United States, Canada, Mexico, Venezuela and the Caribbean. Norberto Ferretti, the Group's management and Mediobanca held 100% of the Group's voting rights. And above all what if on your private island you could embrace all of the inhabitants? Ferretti Group represents the best of Italian nautical traditions with over 10,000 craft built in more than 170 years of operations, and includes some of the most prestigious brands in the yachting world, such as Riva, Ferretti Yachts, Pershing, Custom Line, Itama, Mochi Craft… Initially Candover was expected to participate in a EUR 100m capital injection but by February, it had walked away from the table, writing off its investment;[7] Permira had already done so. Ferretti Group is the world leader in the design, construction and sale of motor yachts and pleasure craft. 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 2010, Ferretti Group had a turnover of approximately 500 million euro and EBITDA of around 30 million euro. Ferretti of America liaised with the sales network that was already present in Greece, France, Spain, Germany and Great Britain, increasing the impact of Ferretti sales abroad. The company attributes these winnings to a hi-tech hull designed with a carbon-fiber autoclave. United States Manufacturer Has employee contact information . Address. 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. In December 2009, with the aim of continuing to focus on its core business, the Ferretti Group sold its 60% holding in Pinmar S.L., a Spanish company specializing in painting mega-yachts to Irish entrepreneur Sean Ewing. Custom Line is yachting chic. In 2002, the Group took over Diesse Arredamenti, in order to acquire new skills in the nautical furnishings sector, complementary to its yacht building activity. Public Limited Company Subsidiary. for administrative and accounting scopes); • couriers or shipping companies to manage any activity aimed at delivering the products to the Client; The goal is to create boats that improve and add to the heritage of each brand, becoming objects of desire and best sellers. Protagonist was launched in 1987 and today is a leading magazine for yachting enthusiasts and motor boat owners. In 1997, it won both European and World champion titles. During the 1980s, the two brothers decided to specialize in the production of luxury motoryachts. • 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. FORLI', FORLI'-CESENA, 47122 Italy. “The Ferretti Group has gained a very good reputation in the past years, thanks to the opening of its Hong Kong subsidiary. An island off limits to the others and limitless to you? Expanding Into “The Ferretti Group” Over the years, Ferretti Yachts formed The Ferretti Group as they made numerous acquisitions of other high-quality Italian yacht manufacturers. Subsidiaries Controller and Sales Controller. Built in 2010, by the Ferretti Yachts subsidiary, her exterior and interior design was created by Zuccon International Project and naval architecture by CRN Spa. Pershing is a winner at the Motor Boat Awards 2021. Underpinning this success are high investments combined with the appropriate organizational structures and facilities. 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. Ferretti was acquired by the Chinese multinational heavy machinery and automotive manufacturing company Weichai Group in 2012. Understatement and refinement: a privilege few can claim. The featured articles cover a variety of topics, including yachting, the sea, luxury, design, culture and travel. Lloyd's Register Group Limited, its affiliates and subsidiaries and their respective officers, employees or agents are, individually and collectively, referred to in this clause as 'Lloyd's Register'. FERRETTI GROUP. The 720’s remarkably ingenious solutions elevate the concept of cruising in luxurious comfort to new heights. As of August, 31st, 2010, the Group's Net Financial Debt improved compared with the previous year and was reduced to around 590 million euro, basically in line with the Plan. However, in January 2009, the company appointed Rothschild to advise on talks with its banking syndicate, led by Royal Bank of Scotland (RBS) and Mediobanca to restructure a EUR 1.1bn debt. [9], Together with Mitsubishi the Ferretti group has developed a system called ARG (anti-rolling gyro), which reduces the effects of the waves on their boats, using a counterweight and a gyroscope.[10]. Bertrams, a UK book wholesaler; Bertrams, Gauteng, a suburb of Johannesburg, South Africa; Bartram, a surname; Bertrand (disambiguation) This disambiguation page lists articles associated with the title Bertram. Ferretti Group’s shipyard subsidiary, CRN, has just announced the signing of a contract for a new custom 52-metre full-aluminium yacht, and will be the yard’s hull number 142. In May 2001, Ferretti acquired the assets of the Oram shipyard in La Spezia, where the new Riva production area would subsequently be built. 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. 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. 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. Bertram Yacht, a subsidiary of the Ferretti Group; See also. 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. Due to a high level of interest from private equity buyers, the IPO was postponed. Marco Segato. Around 26,400 copies of Protagonist are sent quarterly to customers and friends of the Ferretti Group worldwide and are distributed at the most prestigious international boat shows and events, as well as in select and exclusive hotels like the Gritti Palace in Venice. The company sells its products through a network of dealers and brokers in North America, Asia, and internationally. The group owns prestigious, exclusive brands including Ferretti Yachts, Riva, Pershing, Itama, Mochi Craft, CRN, Custom Line and Wally. More than 78 percent of the company's sales, which topped EUR 770 million ($880 million) in 2006, come from outside Italy. In 1998, the group purchased Cantieri Navali dell’Adriatico – CNA S.r.l., which specialized in building open type motor boats with the prestigious Pershing brand. Developed by Wally and Ferretti Group’s technical engineering … In 2010, Ferretti Group Brasil was established. The improvement of this result, in a market still characterized by price pressure, was primarily due to the key initiatives taken by the Ferretti Group during the course of the 2009-2010 nautical year, which resulted in a cost reduction of around 50 million euro. In order to further develop in this region the Ferretti Group has thus decided to strengthen its presence in the area by establishing its subsidiary Ferretti … Finally, in 2012, Ferretti was acquired by the Chinese multinational heavy machinery and automotive manufacturing company Weichai Group. For the Ferretti Group this also means offering new models every year, producing wonderful and unique boats that are breathtaking to look at and fire with enthusiasm anyone doing a sea trial. It is also active in Asia through the Hong Kong-based subsidiary Ferretti Group Asia Pacific Ltd. What if your private island could move with you and it was off the coast of Porto Cervo at dawn and in front of Capri at sunset? 55 shipments match pleasure. Described as a low-profile vessel with flowing lines that glisten with sporty spirit, CRN 142 combines extensive outdoor areas and airy indoor spaces with large windows for … Innovation is contagious, it spreads from person to person, from product to process, from design to technology. 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). Pershing sports yachts don’t just sail; they fly over the water – the fastest-moving of all, in design, luxury and technology. Craft, CRN, and Custom Line Riva has been making history sailing! 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