Ferretti Group
Company type | Società per Azioni |
---|---|
Industry | Yachtbuilding |
Founded | 1968 (Bologna) |
Founder | Alessandro and Norberto Ferretti |
Headquarters | Forlì, Italy |
Area served | Worldwide |
Key people | Tan Xuguang (Chairman) Alberto Galassi (CEO) |
Products | Yachts |
Revenue | 1.030 billion € (2022) |
Owner | 37.5% Ferretti International Holding; 10% Flipnation Limited; 5.2% Iervolino Danilo; 4.5% Kheope Sa; 42.6% Market |
Subsidiaries | view all subsidiaries |
Website | www.ferrettigroup.com |
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. Its products are sold under the brands Ferretti Yachts, Custom Line, Pershing, Itama, Riva, Mochi Craft and CRN.
Ferretti was founded in 1968 by Alessandro and Norberto Ferretti as a manufacturer of small boats and produced its first motor sailer in 1971. Ferretti 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 was acquired by the Chinese multinational heavy machinery and automotive manufacturing company Weichai Group in 2012.
Ferretti has manufacturing operations in Italy and the United States. 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).