Ferretti Group was founded in 1968 by Alessandro and Norberto Ferretti Group as a manufacturer of small boats and produced its first motor sailer in 1971.
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15 Facts About Ferretti Group
2.
Ferretti Group has manufacturing operations in Italy and the United States.
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3.
In 1994, Ferretti Group began an international marketing process by creating a strategic network of dealers outside Europe.
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4.
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 .
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5.
In May 2001, Ferretti Group acquired the assets of the Oram shipyard in La Spezia, where the new Riva production area would subsequently be built.
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6.
In 2002, the Ferretti Group took over Diesse Arredamenti, in order to acquire new skills in the nautical furnishings sector, complementary to its yacht building activity.
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7.
In 2004, through Pershing, Ferretti Group acquired the Itama shipyard, which specializes in the construction of open motoryachts, completing the current definition of the Group.
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8.
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.
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9.
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.
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10.
Finally, in 2012, Ferretti was acquired by the Chinese multinational heavy machinery and automotive manufacturing company Weichai Group.
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12.
In 2010, Ferretti Group had a turnover of approximately 500 million euro and EBITDA of around 30 million euro.
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13.
Norberto Ferretti Group won the Class 1 Offshore World Championship title in 1994.
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14.
Together with Mitsubishi the Ferretti group has developed a system called ARG, which reduces the effects of the waves on their boats, using a counterweight and a gyroscope.
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15.
Notable Ferretti Group customers have included Richard Burton, Brigitte Bardot and Sophia Loren.
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