Ferretti Group debuts on Euronext Milan
Ferretti Group displays a Riva Anniversario in Milan’s Piazza Affari as it becomes the first company listed in both Hong Kong and Italy.
A Riva Anniversario in Piazza Affari in Milan
Following a successful IPO (click for article), Ferretti Group has debuted on Euronext Milan, the Milan-based stock exchange operated by Borsa Italiana.
With a portfolio including seven yacht builders, the Italian company marked the occasion by displaying a Riva Anniversario and a photography exhibition celebrating the brand in Piazza Affari, home of the Euronext Milan headquarters.
Based on the hull of the 33ft Aquariva and finished in tribute to the historic Aquarama (1962-96), the limited-edition Anniversario was among new models launched in 2022 to celebrate the 180th anniversary of Riva, one of Ferretti Group’s brands along with Ferretti Yachts, Custom Line, CRN, Pershing, Itama and Wally.
Alberto Galassi, CEO of Ferretti Group
Following its listing on the Hong Kong Stock Exchange in March 2022 (click for article), Ferretti Group’s Euronext Milan debut means the yacht builder joins an exclusive club of dual-listed companies and is the first on these two exchanges.
Alberto Galassi, CEO of Ferretti Group, said: “Today we’re twice as happy. A year ago, we were in Sarnico to celebrate our listing on the Hong Kong Stock Exchange and now we’re at Euronext Milan. We’re the first and only Group in the world – and not just in the luxury yacht industry – to achieve this double listing in Asia and Europe.
“We come to this historic day in our best shape ever, riding the wave of outstanding results we continue to deliver as the market rewards us for making the most beautiful boats in the world. As always, Ferretti Group points the way and broadens the horizon.”