"Wally suits us," Ferretti CCO Stefano de Vivo told us during an interview that we published in BOOTE EXCLUSIV issue 6/18. Thanks to an exclusive licence deal with Wally, the Ferretti Group is now expanding its model portfolio, which is considered to be the most diverse in the industry. The licence agreement represents an important step towards the full takeover of the brand and allows the Ferretti Group to focus intensively on the further development of the brand.
Over the next four years, the Ferretti Group plans to invest 84 million euros. Over the next two years, 70 million euros will be invested in brand development, design and construction of new Wally models. The new models are to be built in various Ferretti Group shipyards - mostly in the superyacht shipyard in Ancona.
The first project of the new cooperation is called 48 Wallytender, which is set to celebrate its world premiere at the Cannes Yachting Festival in September.
Wally founder Luca Bassani on the merger: "The market today requires significant investment to develop new products and new markets. The Ferretti group has extensive industrial, organisational and commercial skills and will be able to strengthen Wally. I will continue my design and development activities exclusively and secure the DNA of Wally. I couldn't wish for anything better for Wally."
Luca Bassani will also be speaking at the German Superyacht Conference organised by BOOTE EXCLUSIV on 28 February in Hamburg. Be there:
