Published: Tuesday, 15 July 2014

Ferretti Group announces the opening of a new promotion and representative office in Palma de Mallorca, Spain. Ferretti Group is a world leader in the design, construction and sale of the most exclusive and prestigious brands worldwide. The Group once more confirms its international growth strategy, aiming to increase its brands’ visibility in the most important markets all over the world.

Based in the capital of the largest Balearic Island, the new office will promote the Group’s brands in the Iberian Peninsula aiming to support the local sales network and also sustain Ferretti Group’s business growth among customers from countries including the Russian Federation, Great Britain, Germany, Ukraine, Saudi Arabia, and the Scandinavian countries. Spain, and particularly the Balearic Islands are one of the main destination markets for these countries.

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The new office in Palma de Mallorca will further strengthen the Group’s presence abroad, where it has been growing since the 1990s. It is already represented by its subsidiaries Ferretti Group America and Ferretti Group Asia Pacific, where it has representative offices in Shanghai and Qingdao. The company has numerous showrooms all over the world. Its widespread international network of approximately 60 dealers, ensures that Ferretti Group is now present in more than 80 countries.

The new office opened this month with a cocktail party attended by various Group dealers and key partners. The guests were able to enjoy some of the Group’s jewels including Ferretti Yachts 690 and Custom Line 100’ representing the Ferretti brand, Pershing 64’, Dolphin 64’ for the Mochi Craft brand, SportRiva 56’ of the Riva brand and Itama Fiftyfive.

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“The opening of this new promotion and representative office is part of a wider programme aimed at further increasing our presence at an international level, with the objective of being even more extensively and effectively represented on the main world markets, as well as strengthening the Group’s management structure,” says Alberto Galassi, Ferretti Group’s CEO. “Following the opening of the offices in Shanghai and Qingdao and of the numerous showrooms in various countries, this new office confirms our leadership on the Spanish market too, and will offer a vital contribution at a very important stage of our company’s growth in an area that is truly strategic also in relation to Northern European countries and the Middle East.”