After the Autumn shows in Cannes, Monaco & Genoa, The Ferretti Group presented itself at the Ft. Lauderdale with an impressive fleet of 15 models, of which 5 are exclusive debuts for the American market. The Group confirms, also in this way, its objective of anticipating the trends of the nautical market in terms of quality & product innovation bringing forth the plans for its 8 brands that represent a prestigious example of the ‘made-in-Italy’ style around the world. The 2011-2012 nautical year starts with 3 important international acknowledgments for the brands Ferretti Yachts, Pershing and Custom Line. The trophies were awarded to Ferretti 720, Ferretti Custom Line 100 and Pershing 108 during an event organized by the French publishing network Luxmedia Group. As for market segments, during the 2010-2011 nautical year, Ferretti Group, which ranked first in the 2011 Global Order Book, the most thorough and accurate analysis of the global nautical industry, issued every year by the authoritative international nautical magazine Showboats International, focused on medium and large yachts and on continuous product & process innovation, constantly launching new models and looking for technological solutions to be ahead of market trends.
FERRETTI GROUP GETS A BOOST!
The world’s largest luxury yacht maker, the Italian company Ferretti Group now with Shandong Heavy Industry Group – Weichai Group will enjoy a strong capital base which will help drive its long-term development plans. After the acquisition, the Group will continue to uphold its operational principle of “unifying strategies and resources while operating independently” and will retain Ferretti’s key management team, headquarters and production bases in Italy. Mr. Norberto Ferretti, Chairman and Founder of Ferretti Group – declared: “We are very proud of this agreement with a prestigious partner such as SHIG—Weichai Group. We are strongly convinced that this partnership will lead to very satisfactory results and will provide Ferretti Group with a strong capital base which will allow the development of long-term growth plans. Moreover China is one of the most rapidly developing countries for the yachting sector and has great potential for the coming 5 to 10 years”.
The Italian yacht builder’s order portfolio is up 56 per cent on last year and the volume of new orders was up 27 per cent from the year previous. The value of production for the group for the year increased by 12 per cent in 2011 compared to 2009-2010. Ferretti Group also underlined its commitment to international expansion — including in Brazil and China — and to highlight product development. The group presented 11 world premieres at Cannes 2011 and plans to launch a total of 42 models between 2011 and the end of 2013.
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