Wed, Aug 5, 2020

Ferretti sails ahead in Asia Pacific

Ferretti Group has reported a great start to 2020 with the group achieving the best order intake in the Asia Pacific since its establishment in 2012 despite the Covid19 situation.

The achievement, including 12 new yachts sold (total of 289 metres), is retail valued at €70 million, proving extraordinary results for the start of

the year, the group said

The strength of Ferretti Group Asia Pacific continues growing with the signing of two exclusive dealership agreements during the last two months, for distributing the brands of Ferretti Yachts, Pershing and Riva. Pen

Marine for Malaysia and HGB Group for Cambodia and Laos have been selected as the new exclusive dealers due in part to a commercial strengthening plan, which also includes significant investments, that Ferretti Group is implementing globally.

With these two new dealership agreements, the group further increases its network of Asia Pacific distributors, which now reaches 14 in the region.

Ferretti Group Asia Pacific has also signed a strategic memorandum of understanding (MoU) with the Sanya Central Business District (SCBD) in Hainan, China to allow further discussion and the possibility for Ferretti

Group to invest and set up a branch in the SCBD project, to cooperate with Sanya on various aspects including yacht sales and service facilities, and continued support in the development of the industry for years to come.

With five projects already launched in 2020, including the Ferretti Yachts 500, Ferretti Yachts 1000, Pershing 7X, Riva 88 Folgore, Custom Line Navetta 30 and 43wallytender, Ferretti Group has started the year strongly all things considered and continues to dedicate itself to Made in Italy excellence, it added.

Eight brands, six shipyards, and over 170 years of history: Ferretti Group offers a complete range of boats, in terms of design and size, producing yachts of all sizes, from 8 to 95 metres, aimed at meeting the needs of every shipowner all over the world.

With offices in Hong Kong and Shanghai, as well as a full established After Sales Centre catering to clients’ needs around the region, the Ferretti Group Asia Pacific continue their commitment in building the most beautiful boats in the world with the passion, innovation and excellence that has always been at the base of Ferretti Group's leadership.

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