Ferretti Group has announced the entry of F Investments SA, a holding company controlled by the Ferrari family, into the share capital of Ferretti Group by the acquisition of 13.2% of the share capital.
Ferretti Group has announced the entry of F Investments SA, a holding company controlled by the Ferrari family, into the share capital of Ferretti Group by the acquisition of 13.2% of the share capital.
Piero Ferrari will be part of the Board of Directors of Ferretti Group and will also preside over the Product Development Committee, responsible with the research, development, and implementation of new products through all the Group’s brands.
“The year of 2015 has rewarded us with economic and financial results over the expectations and the Group has relaunched itself regaining leadership on several markets,” states Alberto Galassi, CEO of Ferretti Group. “Ferretti Group celebrates another important event. The entry through F Investments S.A. of a great Italian businessman in the share capital, a nautical expert that already has an active part in the Group’s growth: Mr. Piero Ferrari. He chose to invest in Ferretti Group and to share a challenging business plan with our main shareholder and the management.”