The Ferretti Group is giving three brand-new yachts world previews this week at the Cannes Yachting Festival.
The Ferretti Group approved an 80 million euro (about $105 million) share capital increase to support the group’s relaunch and growth industrial plan.
Allied Marine, a division of the Ferretti Group, said the Ferretti 800 motoryacht Alter Ego joined its luxury charter yacht fleet.
The Ferretti Group’s Service University was held for the first time in the Asia-Pacific region to help its training services evolve with a growing market.
The Ferretti Group announced the opening of a new promotion and representative office in Palma de Mallorca, Spain.
Ferretti Group America named Jeff Erdmann, a longtime member of the board of the Florida Yacht Brokers Association, as a sales executive at Allied Marine.
The Ferretti Group said it is opening a new annual sales center in Huntington, N.Y., on Long Island that will service New York and the upper East Coast for Ferretti Yachts, Ferretti Custom Line, Ferretti Navetta, Riva, Pershing, Mochi Craft and Itama.
The Ferretti Group named engineer Stefano de Vivo its new chief commercial officer.
Ferretti Group is opening its first Ferretti Group China showroom in Qingdao, saying the company plans to open more showrooms in northern and southern China.
The Ferretti Group named Alberto Galassi as its new chief executive officer.