Ferretti Group: Two important new dealership agreements signed in Asia Pacific

Forlì, Italy, 7th August 2015 - Ferretti Group further strengthens its sales presence in the Asia Pacific (APAC) region by signing two new dealership agreements with important local partners targeting increased growth and development in foreign markets.

The first agreement, signed with Starship Yachts, a pioneer company in the Asian yachting sector, covers the markets of Hong Kong and Macau, giving the company exclusive dealership rights for Ferretti Yachts and Pershing branded boats.

The second agreement, on the other hand, was signed with Ray White Marine, a major player in the marketing of new and used boats as well as pre- and after-sales service, part of the wider real estate group of the same name with over 70 years of experience.
This agreement covers the markets of Australia and New Zealand, providing exclusive dealership rights for Ferretti Yachts, Riva and Pershing boats.

In Australia, Ferretti Group, with the support of Ray White Marine, will attend the most important trade events on agenda for next year, scheduled in locations where the dealer has its main operating sites. Participation at Australian trade shows is intended to help increasing the Group's local market share, and these will include Sanctuary Cove International Boat Show, to be held in Gold Coast in May 2016, and Sydney International Boat Show, which will take place in the capital city in August 2016.

The two agreements are in line with Ferretti Group's strategy to strengthen commercial expansion on a global scale, with a focus on the APAC area. Indeed, these agreements will allow the Group to further grow its selected distribution network, made of around 60 international dealers worldwide, which guarantees its customers the highest level of support in over 80 countries.

“We are extremely satisfied with these important dealership agreements, signed with such prestigious partners as Starship Yachts and Ray White Marine, two companies that boast excellent expertise and a strong presence in their respective geographical areas,” stated Stefano de Vivo, Chief Commercial Officer of Ferretti Group.

“These agreements fit perfectly into an increasingly significant process of international development, with particular reference to the Asia-Pacific region, where we have been pioneers and continue to find significant growth potential, thanks to our appealing portfolio of yachts, a clear testimony to the high quality and technological know-how that make Italian products famous all over the world.”