1998-2008
In 1998, the group purchased Cantieri Navali dell’Adriatico – CNA S.r.l., specialised in building open type motor boats with prestigious Pershing brand, which add excellent liveability of the different areas on a yacht, both indoors and out, and guarantee high performance.
During the same year, with the acquisition of American company Bertram Yacht, Inc. – Miami shipyard and owner of one of the most famous brands in the world – Ferretti set itself as one of the top players on the international market, also within the sphere of the sport fisherman type craft.
In order to further complete the range of yachts offered to its clientele, in 1999 Ferretti purchased C.R.N. S.p.A., a shipyard specialising in the production of luxury steel megayachts, with aluminium superstructures, measuring over 30 metres in length.
In the year 2000, Ferretti purchased 100% of the capital of Riva S.p.A., one of the best known and most exclusive shipyards in the world, today producer of luxury fibreglass craft measuring 10 to 35 metres in length, both flybridge and open.
In June 2000, with the aim of further consolidating its growth and development process, Ferretti decided to dock at the Official Italian Stock Exchange (MTA). In 2001, the company was admitted to the STAR segment (High Requisite Share Segment) of Borsa Italiana.
In May 2001, head company Ferretti S.p.A. acquired some assets from the Oram shipyard in La Spezia, where the new Riva production area would subsequently be built.
In August 2001, Ferretti finalised an agreement for the acquisition of the Apreamare S.p.A. shipyards in Sorrento, market leader in the production of gozzo sorrentino boats measuring 7 to 16 metres.
In November 2001 acquisition of the Mochi Craft S.r.l. shipyard in Pesaro was finalised.
In 2002, the group took over Diesse Arredamenti, in order to acquire new skills in the nautical furnishings sector which is complementary to its yacht building activity.
In line with this strategy, in 2002 the group also finalised acquisition of Cantiere Navale Mario Morini in Ancona, which enabled CRN to extend its production capacity, and of Zago S.p.A., an Italian company operating within the sphere of high profile wooden manufactured pieces and furnishings.
Between June 2002 and January 2003, the Ferretti management team and institutional investors present among shareholders (Permira), decided to launch a Voluntary Public Tender Offer to acquire the entire share capital of the Company, with the aim of further expanding the group through acquisitions and a precise strategic, national and international plan.
In 2004, through Pershing, Ferretti acquired the Itama shipyard, a prestigious set up specialised in the construction of open motoryachts, completing the current definition of the group’s nine brands.
In 2008 Ferretti Group acquired the assets, brands and activities of Allied Richard Bertram Marine Group. This American company specializes in After Sales service and mark eting of both new and pre-owned motor yachts, as well as brokerage services. This new acquisition has further strengthened Ferretti Group’s position in the American market, enabling it to strategically enter important sectors with a high added value, such as distribution and After Sales assistance services.
Today the Group’s equity is held by Norberto Ferretti and the management (38,2%), Mediobanca (8.8%), and senior and mezzanine lenders (for a total of 53% in exit participation rights). In particular, Norberto Ferretti, the group’s management and Mediobanca hold 100% of the Group’s voting rights.