Ferretti pitched as Ferrari of the seas but must avoid Aston repeat

Ferretti_boat_venice_alamy_230x150
By Sam Kerr
19 Sep 2019

Ferretti, the Italian manufacturer of luxury yachts, launched its long awaited IPO on Monday. Investors are being sold a story of glamour and luxury, but there are some concerns after the losses many suffered during the IPO of Aston Martin, last year’s prominent luxury listing.

The Italian company will raise €100m by selling new shares to institutional investors. Feretti’s two main shareholders — Weichai Group, the Chinese industrial company, and Italian billionaire Piero Ferrari, son of Enzo, who founded the eponymous car company — will also sell some shares as part of the ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.