Ferretti Group is back in the German city from 21st to 29th January, displaying together with its dealers Ferretti 750, Pershing 58’ and Dolphin 54’ Sun Top; Two Riva jewels complete the range on show: Iseo, previewed for the German public after the huge success she enjoyed at the recent autumn boat shows, and hull number 200 of the historical Aquariva model.

Düsseldorf, 21st January 2012 - Ferretti Group, one of the world leaders within the design, construction and sale of motor yachts which a unique portfolio of some of the most exclusive, prestigious brands in the nautical world, is continuing its intense programme of attending the most important international boat shows, presenting an impressive five of the most important yachts from its fleet at Boot 2012 - Düsseldorf International Boat Show.

Welcoming all the opportunities offered by the most important showcase for the nautical sector in central and northern Europe, Ferretti Group is once again at its customary location at the Messe in the German city from 21st to 29th January, displaying with its dealers, Ferretti Yachts Ferretti 750, Pershing 58' and the Mochi Craft Dolphin 54' Sun Top.

Completing the range on show are two jewels from the Riva brand, which will be celebrating its 170th anniversary in 2012: Iseo, the "little" 27 foot runabout which caused enormous interest at the recent autumn boat shows, a preview for the German public; and hull number 200 of Aquariva, which once again confirms herself as one of the greatest success stories in Riva's recent history.

The Düsseldorf appointment is one of the most important in the German and European nautical industry, both for the large number of people who attend it and the quality of the yachts displayed. Ferretti Group, confirming its high regard for this event, is presenting some of the most important and successful models of its production selected, as always, to offer a rich, varied panorama of all the different personalities and features that distinguish Ferretti Group yachts.

"Year after year the international boat show in Düsseldorf re-establishes its position as one of the most important boating appointments not only for the German but also for the European nautical industry, especially because it takes place in a continental area less involved in the current economic issues," commented Lamberto Tacoli, Ferretti Group Chief Sales & Marketing Officer. "The large numbers of highly knowledgeable visitors and the quality of the yachts on display enhance our satisfaction in taking part in the 2012 edition, thanks also to the precious support of our dealers, with whom we promote the excellent quality of our yachts and pursue the aim of further expanding in an area which has always been at the very centre of our business".

The Ferretti Group
The Ferretti Group is one of the world leaders in the design, construction and sale of motor yachts with a unique portfolio of some of the most exclusive, prestigious brands in the nautical world: Ferretti Yachts, Pershing, Itama, Bertram, Riva, Mochi Craft, CRN and Ferretti Custom Line. The Group, led by Chairman and Founder Norberto Ferretti and by CEO Giancarlo Galeone, has always been at the very heights of the pleasure boating market due to constant product and process innovation, continuous research and development and cutting-edge technological solutions. The extensive range of yachts on offer is designed by highly specialized technicians and engineers at AYT - the Ferretti Group's Advanced Yacht Technology, one of the most advanced naval research and design centres in the world, which liaises with the Centro Stile Ferrettigroup, an expert team of architects and designers who continuously research aesthetic, functional and innovative solutions, and are built at the Group's modern production units in Italy and the USA. The Ferretti Group, founded in 1968, is also present in the United States through Ferretti Group America, which operates a network of Ferretti Group Sales Centers specializing in the sale and marketing of the Group's luxury yacht brands throughout the North American market. The Group also has a presence in Asia, with a branch of representation and promotion in Shanghai. Overall the Group is represented by an exclusive network of around 60 carefully selected dealers globally with a presence in over 80 countries, thereby ensuring valued clients receive the very best assistance in marinas all over the world.

 

For further information:

Ferretti Group
Fulvia Venturi 
Tel: + 39 0543 787511
e-mail: fulvia.venturi@ferrettigroup.com

Image Building
Simona Raffaelli, Alfredo Mele
Tel: +39 02 89011300
e-mail: ferretti@imagebuilding.it

 

FIVE BOATS ON DISPLAY AT BOOT 2012 - DÜSSELDORF INTERNATIONAL BOAT SHOW

RIVA ISEO

The new Riva Iseo, a 27 foot, runabout, the latest result of the cooperation between Officina Italiana Design, AYT - Advanced Yacht Technology - and Centro Stile Ferrettigroup, has been designed to offer the most comfortable "living" experience to he owner during nay transfer. Soft, clean-cut lines, thorough careful space planning, attention to detail and the use of highly sophisticated materials are the distinctive characteristics which make Riva Iseo the noble heir to a centuries-old history of excellence and meticulous craftsmanship. This bond with the past is evident in the extensive use of mahogany throughout the boat, true to the Riva hallmark, the Riva Iseo is skilfully crafted with its masterly twenty coat varnish finish - ten by brushing, ten by spraying. This new  model has been designed with painstaking attention to furnishings, accessories and detailed space planning with clean-cut lines and high-performance features. It is equipped with a Yanmar 8 LV 320 mhp engine and Yanmar  ZT 370 duoprop stern drive, providing a top speed of 40 knots. Besides responding to an increasing demand for on-board infotainment, Rive Iseo is also the very first yacht of its kind to be equipped with both infotainment and GPS charts built for the Apple platform for iPad.

AQUARIVA #200

Aquariva, the historical Riva 33 footer developed in the year 2000 by the designers at Officina Italiana Design, the exclusive designer of all the yachts in the Riva range, AYT - Advanced Yachts Technology, Ferretti Group's naval research and design centre, and the team of architects and designers of Centro Stile Ferrettigroup, is on display with the prestigious unit #200. Designed as the hier of the legendary Aquarama, Aquariva has become a symbol of elegance and timeless style and is now one of the most famous, best loved yachts in the world. From her predecessor, she has inherited the success which continues nonstop, season after season, Aquariva has established herself as out and out classic of the nautical world, going far beyond fleeting fashion and becoming, thanks to the perfection of her details, a model adored by the international jet-set. The soft, elegant lines of her 33 feet carry the flavour of tradition, and the valuable woods used for the deck  - mahogany inlaid in maple - are beautifully processed. The exclusive leather finishes of the elegant dashboard and helm enhance the pleasure of cruising, offering both excitement and unparalleled comfort. The innovative, electronically-controlled, two speed gearbox reveals all the sporty passion of the two powerful 380 hp Yanmar motors featuring an exceptional performance: 41 knots of maximum speed and 36 of cruising speed, with a range of 150 MN at cruising speed. Very first project produced after the shipyard was purchased by the Ferretti Group, Aquariva has celebrated the achievement of two important targets in just eleven years In 2006, on occasion of the production of the 100th yacht, a limited edition called Aquariva Cento was created, just ten units, all of which were sold before they even entered production.

FERRETTI 750

Result of the cooperation between Studio Zuccon International Project, AYT - Advanced Yacht Technology, the Group's naval research and desing centre and the of architects and designers of Centro Stile Ferrettigroup, Ferretti 750 is a yacht with a strong personality: a yacht featuring an inclination for clasical style but with elegant, contemporary stilisti touches, coming from a passionate technical and aesthetical research in order to obtain a "manifesto" of made in Italy excellence. The external profile is sleek and streamlined thanks to the graphic lines of the windows, that cover almost completely the main deck, and feature a succession of sinous curves and straight lines, like the three "branchial shark" windows. On the hull, in addiction to the open view windows of the Owner's cabin, new typologies of windows that feature portholes have been inserted to enhance the presence of natural light in every guest zone. On the flybridge the pilot station has been placed further back and in central position t ogive a broader view for navigation and piloting the yacht. The wide salon of Ferretti 750, is plunged in natural light. The interior has been managed to obtain two separated areas - living and dining - but keeping in the meanwhile an harmonious continuity of space without interruption for the view. At bow is located the pilot house with dinette/charting zone and extendable table.  On the lower deck, all the cabins are completed by private heads and they are distinguished by studied details. The Owner's suite is located in the centre of the boat. At bow is located the VIP cabin. Ferretti 750 mounts two MTU 2000 M92 1381 mhp or, upon request, 2 MTU 2000 M94 1623 mhp. With this last motorization and hard top version, the maximum speed is 33,5 knots,

PERSHING 58'

Intense in its performance, rich and varied in its nature and generous in comfort. The newPershing 58' is the natural evolution of the Pershing 56'. The boat, with an 18 metre long hull, reaches a maximum velocity of 48 knots and a cruising velocity of 44 with two MAN engines of 1360 mhp each and surface propellers. Characterized by large volumes and complete luminosity due to the direct contact with the sea, the yacht designer Fulvio De Simoni, the stylist of the project, in collaboration with the Ayt (Advanced Yacht Technology) of the Ferretti Group, once again stresses the "family feeling" concept that guided the stylistic choices of the new restyling. The slender superstructure with its new wider lateral windows, which complement the profile of the hull, is entirely in harmony with the most modern styles of the Pershing concept. The boat has a standard layout with 3 cabins (a full beam master cabin and two guest cabins - a VIP one at the bow and a guest cabin with twin beds at the starboard of the boat), the first two with an en-suite and a third bathroom which can be used for the guest cabin with twin beds and which can also be used as a bathroom for guests. The boat has a crew cabin. The cockpit, which is wider and more comfortable, has two L-shaped sofas which create a wide lounge area, an important aspect for outdoor living. Upon request there is also the possibility of having a kitchen area in the cockpit. The area below deck is very comfortable and particular attention has been given to the detail. The new translucent doors are worth mentioning which are made of frosted glass and separate the master cabin from its bathroom and the dinette from the galley. The result is simply elegant: more natural light in all areas and special attention given to the privacy of the guests. The contemporary design of the interior is also enhanced by the presence of oak. The wide and comfortable garage can store an optional tender 3.25 metres long.

MOCHI CRAFT DOLPHIN 54' SUN TOP

Result of cooperation between architect Brunello Acampora from Studio Victory Design, with Norberto Ferretti, the AYT (Advanced Yacht Technology), the Group's naval research and design centre and the team of architects and designers of Ferretti Group's Centro Stile, Dolphin 54' (available also in flybridge version) is a reference point in the lobster boats segment. In fact the design solutions include a reconfiguration of on board spaces, giving this 16 metre yacht the light and comfort of a much larger yacht. The beauty and practicality of the wood extends throughout the yacht's interior and exterior surfaces, right up to the bows, where there are two luxurious sun pads accommodating up to three people; the cockpit provides access to both a sun top or the flybridge, and the practical garage, which opens hydraulically to reveal a tender ready for immediate use. Guests entering the salon will be enchanted by the light flooding in through the wide windows, opening onto a perfect combination of sea and sky. Quality hides in natural colours reflect the elegance of the salon, furnished with a roomy C-shaped divan and an extendable teak table. The spacious, well-equipped galley extends along the starboard side of the salon, encouraging an atmosphere of warm sociability. The command console is located forward, to port. Lower deck, at the end of the corridor lies the owner's stateroom, a suite with two sweeping windows, while two guest cabins are sited to either side of the central corridor. Dolphin 54' is powered by two latest generation Common Rail MAN 800 Hp engines providing a cruising speed of 28 knots and a top speed of 32 knots.

To Jointly Explore Global Luxury Yacht Market with Ferretti. Ferretti Group will retain key management team, headquarters and production bases in Italy.

Italy, January 10th, 2012 - Shandong Heavy Industry Group - Weichai Group ("SHIG-Weichai Group" or "the Group") announced that it has reached agreements with the major creditors of the world's largest luxury yacht maker, the Italian company Ferretti Group ("Ferretti"), to acquire a controlling interest in Ferretti by participating in Ferretti's debt restructuring.

Through a total investment of 374 million euros, including equity investment of 178 million euros and provision of debt financing of 196 million euros, SHIG-Weichai Group will acquire a 75% interest in the yacht maker after the completion of the debt restructuring procedures. Existing creditors will acquire the remaining 25% interest in Ferretti through a 25 million euros equity injection and debt to equity swap. Through the acquisition, Ferretti's capital structure will be fully restructured with equity capital increase by 100 million euros and total debts reduce to a reasonable level at around 120 million euros. The business will enjoy a strong capital base which will help drive its long-term development plans.

Mr. Tan Xuguang, Chairman of SHIG-Weichai Group, said: "Developing the yacht business is one of the Group's strategic goals for the next five years. Ferretti, which possesses iconic international brands, state-of-the-art manufacturing technologies, products of the highest quality and an extensive sales network, is an ideal partner. Through the acquisition, the Group will cooperate closely with this world-renowned yacht maker, providing Ferretti with new channels to market and capital support as well as other resources with which it can expand more effectively into emerging markets, a key area of potential growth for Ferretti. Synergies between the Group and Ferretti can be unleashed through the sharing of resources and industrial integration. Ferretti's overall competitive advantages in production cost, sales channels, after-sales service and financial strength will be improved, creating a win-win situation that will allow Ferretti to consolidate its leading position in the luxury yacht market".

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".
Ferretti, the world's largest luxury yacht manufacturer, boasts one of the world's most advanced naval research and development centres (AYT - the Ferretti Group's Advanced Yacht Technology) and a team of architects and designers (Centro Stile Ferrettigroup). It also has a comprehensive global supply chain, which includes more than 800 suppliers, as well as some of the world's most advanced yacht manufacturing systems. Ferretti has eight highly regarded and recognized yacht brands and owns a total of 8 shipyards in Italy as well as in Miami, USA, and employs nearly 2,000 employees.
SHIG-Weichai Group is one of the most competitive equipment manufacturing groups in China offering a broad range of high quality commercial vehicles, construction machinery and other heavy-duty industrial products. The Group operates four main divisions, namely commercial vehicles, construction machinery, power generation systems and auto parts. In addition to its solid market foundation in China, the Group has also been active in the overseas markets. In 2009, the Group acquired Moteurs Baudouin SA ("Baudouin") in France through its subsidiary Weichai Power Co., Ltd. ("Weichai Power"), which has helped the Group expand into the international high-end yacht business. After the acquisition, Weichai Power invested an accumulated 30 million euros and implemented multiple measures to improve Baudouin's businesses and operations. Several objectives were achieved including the expansion of production scale, the enhancement of its R&D capabilities, as well as the recruitment of local employees. The sales volume of Baudouin‘s engines increased from 74 units in 2009 to 352 units in 2011. The staff numbers rose from 120 in 2009 to 202 in 2011, playing a vital part in establishing Baudouin's leading position in the marine power market.

Leveraging its ample resources, SHIG-Weichai aims to facilitate Ferretti‘s expansion in emerging markets such as Asia, with a particular focus on Greater China, which will be an important growth engine for Ferretti's future development. In addition, the Group will provide a range of other resources including capital support to Ferretti to stimulate its rapid business development in both the traditional European and American markets as well as other emerging markets. 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.