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Showing posts with label Ferretti. Show all posts
Showing posts with label Ferretti. Show all posts
Thursday, January 22, 2009
A new Italian CEO fo Pershing...
Paolo Favilla has been appointed new CEO of Pershing S.p.A., a brand of Ferretti S.p.A.
Monday, January 19, 2009
Superyacht Market Trend: a broker perspective...
"It was a really quiet autumn and the credit crunch had a severe effect," said Simon Goldsworthy, a super yacht broker at Camper & Nicholsons in London. "The smaller the size of yacht, the more it has been affected."
"The most common call I am getting at the moment is 'have you got any repossessions?'" said Mr Goldsworthy. "But there have been more cancelled orders than repossessions, because it is easier to walk away than to default."
>> FT article
"The most common call I am getting at the moment is 'have you got any repossessions?'" said Mr Goldsworthy. "But there have been more cancelled orders than repossessions, because it is easier to walk away than to default."
>> FT article
Business as usual...
USA
A Pompano Beach marina owner (and Cigarette dealer) faces 10 felony charges after he tricked people trying to buy or sell pricey speedboats and refused to return large deposits on some transactions that fell through, authorities say.
>> More information
UK/Italy
Ferretti seeks refinancing assistance
Candover, the UK-based private equity firm that bought Italy's Ferretti Group for €1.7bn in October 2007, is in discussions with leading investment bank Rothschild to advise on a planned restructuring of Ferretti's €950m debts, according to a story in Saturday's Financial Times newspaper.
>> More information
France
Rumour, rumour, rumour: a superyacht would have been seized in the Antibes harbor...
Trends: big brokerage companies tend to downsize their sales force in Antibes and Monaco.
A Pompano Beach marina owner (and Cigarette dealer) faces 10 felony charges after he tricked people trying to buy or sell pricey speedboats and refused to return large deposits on some transactions that fell through, authorities say.
>> More information
UK/Italy
Ferretti seeks refinancing assistance
Candover, the UK-based private equity firm that bought Italy's Ferretti Group for €1.7bn in October 2007, is in discussions with leading investment bank Rothschild to advise on a planned restructuring of Ferretti's €950m debts, according to a story in Saturday's Financial Times newspaper.
>> More information
France
Rumour, rumour, rumour: a superyacht would have been seized in the Antibes harbor...
Trends: big brokerage companies tend to downsize their sales force in Antibes and Monaco.
Monday, December 22, 2008
Ferretti SpA CEO resigns his position
Vincenzo Cannatelli, chief executive officer of Ferretti SpA, has resigned as director of Ferretti's subsidiary companies with immediate effect.
According to a group statement, the decision takes account of the extension of the timetable for a potential IPO, given the financial market crisis and, consequently, the need to allow the company to lay out an organisational structure that is more consistent with current market conditions
According to a group statement, the decision takes account of the extension of the timetable for a potential IPO, given the financial market crisis and, consequently, the need to allow the company to lay out an organisational structure that is more consistent with current market conditions
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