Norberto Ferretti and his management team increase the stake in the capital to 40%

Norberto Ferretti, Ferretti Group Chairman and founder, and his seasoned, unified management team have increased the stake in Ferretti S.p.A. capital to 40%. Ferretti S.p.a. is parent company of the Ferretti Group, one of the top companies in the world within the sphere of designing and manufacturing luxury motor yachts.

Candover, an English private equity house and European leader specialising in arranging and leading buyouts, has concluded the acquisition of a majority stake in Ferretti S.p.A. from Permira which has retained a share in the Group’s capital.