January 18th, 2019
We are proud to accounce that Ferretti Group can now boast the widest range of brands in the entire Italian nautical industry.
At the opening of Boot in Düsseldorf this year, Ferretti Group will be announcing the entry of Wally, the iconic luxury nautical brand and emblem of design and innovation, within the portfolio of its brands. Ferretti Group will present the first project of the new-era, the 48 Wallytender, an anticipated premiere of the Cannes Yachting Festival 2019.
Through an exclusive license agreement of the Wally brand, Ferretti Group further enriches its range. The license agreement represents a fundamental step in the brand acquisition process and allows Ferretti Group to work immediately on the further development of the brand.
In the upcoming four-year period, Ferretti Group will invest over 84 million euros in the development of the brand and in the design and construction of new product ranges. The new Wally models will be built at the Ferretti Group shipyards, in particular the superyacht yard in Ancona will be the reference plant for Wally’s largest yachts.
Alberto Galassi, CEO of Ferretti Group, said: “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 investments. And with the same energy and creativity that have lead Ferretti Group the top of the yachting world. As yachting enthusiast, I’m 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 echelon.”
Luca Bassani, founder of Wally, commented: “The market today requires significant investments 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 the effort to build the brand will have a continuation. I could not wish anything better for Wally’s life.”