Wally joins the Ferretti Group

The news that will certainly animate, more than any other, the opening of the Boot in Düsseldorf is that Wally has joined the Ferretti Group. The new Wally models will be built in the Ferretti Group production facilities, in particular the Super Yacht Yard in Ancona will be the reference yard for the new largest Wally models. During the press conference in Düsseldorf, the first project of the new era, the 48 Wallytender (in the opening photo), will also be presented.

Lawyer Alberto Galassi, Chief Executive Officer of Ferretti Group, stated: “”There has long been a mutual fascination between us and Wally and from today we will continue to develop this extraordinary brand with method, vision and investment. And, with the same energy and creativity that have led the Ferretti Group back to the top of the nautical world. As a yachting enthusiast, I am looking forward to discover the boats that will come from the exclusive collaboration with Luca Bassani: it is easy to foresee that they will push the frontiers of innovation and aesthetic avant-garde to new heights”.

Alberto Galassi d

Alberto Galassi

Luca Bassani, founder of Wally, commented: “The market today requires significant investment to develop new products and new markets. Ferretti Group has great industrial, organizational and commercial capabilities and will be able to boost Wally. I will continue my design and development activity on an exclusive basis, ensuring the continuity of Wally’s DNA. All the years and effort spent building the brand will be followed up. I couldn’t wish anything better for Wally’s life.”

wally

Luca Bassani

Through an exclusive licensing agreement for the Monegasque brand, the Group further enriches its range, making it the widest and most innovative in the entire Italian boating industry. The license agreement represents a fundamental step in the process of acquiring the brand and allows the Group to work immediately on the further development of the brand.

In the four-year period 2019-2022, Ferretti Group will invest over 84 million Euros – 70 million Euros in the first two years alone – in the development of the brand and in the design and production of new product ranges.

(Wally joins the Ferretti Group – Barchemagazine.com – Gennaio 2019)