The Ferretti Group is deepening its push in the Middle East with the addition of several new dealers throughout the region.
The group renewed its exclusive dealership agreement with Sea Pros Yachts for Lebanon, Kuwait, Saudi Arabia and Jordan. Those dealerships will carry Ferretti, Pershing and Mochi Craft yachts.
Ferretti signed a new exclusive sales agreement with Art Marine LLC for Riva and Itama yachts in the United Arab Emirates, Qatar and Bahrain. It also signed an exclusive distribution agreement with Gulf Yacht in Qatar through its British dealer, Ventura UK, for the Ferretti and Pershing brands.
All of the agreements are part of Ferretti’s new international expansion strategy, which is specially focused on the EMEA (Europe, Middle East, Africa) region during the next five years.
“We are extremely pleased about the various dealership agreements that we have signed or renewed, as they all involve important local partners that can boast an outstanding knowledge of our products and a strong presence in their respective geographic areas,” Ferretti Group CEO Ferruccio Rossi said in a statement.
“These agreements also reflect our commitment to further grow in the Middle East, an area where we have been present for many years and which we believe holds a great growth potential, thanks to the unique, timeless charm of our boats, the symbol of Italian technological expertise and craftsmanship all over the world.”