Ferretti Group

44°12′37″N 12°06′07″E / 44.2101598°N 12.101912°E / 44.2101598; 12.101912

Ferretti S.p.A.
(Ferretti Group)
Company typeSocietà per Azioni
IndustryYachtbuilding
Founded1968 (Bologna)
FounderAlessandro and Norberto Ferretti[1]
HeadquartersForlì, Italy
Area served
Worldwide
Key people
Jiang Kui (Chairman)[2]
Alberto Galassi (CEO)[3]
ProductsYachts
Revenue1,134 thousands € (2023)[4]
Owner37.5% Ferretti International Holding; 10% Flipnation Limited; 5.2% Iervolino Danilo; 4.5% Kheope Sa; 42.6% Market[5]
Subsidiariesview all subsidiaries
Websitewww.ferrettigroup.com

Ferretti S.p.A. (trading as Ferretti Group) is a multinational shipbuilding company headquartered in Forlì which specialises in the design, construction and sale of luxury motor yachts. Its products are sold under the brands Wally, Ferretti Yachts, Custom Line, Pershing, Itama, Riva, Mochi Craft and CRN.[6]

The company was founded in 1968 by Alessandro and Norberto Ferretti as a manufacturer of small boats and produced its first motor sailer in 1971.[1] The Group expanded through making numerous acquisitions, including of Cantieri Navali dell’Adriatico – CNA S.r.l. 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. Ferretti Group was acquired by the Chinese multinational heavy machinery and automotive manufacturing company Weichai Group in 2012.[7]

Ferretti Group has manufacturing operations in Italy and the United States.[8] It has subsidiary companies in the United States (Ferretti Group North America)[9] and representative branches in Hong Kong and Shanghai (Ferretti Group Asia Pacific).[10]

  1. ^ a b "La storia di Ferretti Yachts che oggi compie 50 anni" (in Italian). Retrieved 6 February 2024.
  2. ^ "Ferretti S.p.A. Announces Board Changes". Retrieved 30 August 2024.
  3. ^ "Ferretti, Alberto Galassi è il nuovo amministratore delegato" (in Italian). Retrieved 6 February 2024.
  4. ^ "Annual Report 2023" (PDF). Retrieved 22 April 2024.
  5. ^ Cite error: The named reference consob.it was invoked but never defined (see the help page).
  6. ^ "Le imbarcazioni più belle della flotta Ferretti Yachts" (in Italian). Retrieved 4 March 2024.
  7. ^ "Il gruppo Ferretti comprato dai cinesi di Shig-Weichai" (in Italian). Retrieved 4 March 2024.
  8. ^ "Il Made in Italy della nautica si rafforza in America. Ferretti Group apre una nuova base in Florida" (in Italian). Retrieved 4 March 2024.
  9. ^ "Ferretti Group's two North American debuts at FLIBS 2017". Retrieved 4 March 2024.
  10. ^ "Ferretti, dieci anni di presenza in Cina: a Shanghai aprirà uno show room" (in Italian). Retrieved 4 March 2024.