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Wally is officially part of the Ferretti Group, the giant that exceeded 650 million euros as production value in 2018.
Wally, the brand created by Luca Bassani in 1995 and which revolutionized the concept of the luxury tender and speedboat, officially joins Ferretti, one of the world’s most powerful groups in the nautical industry that already boasts such highly prestigious brands as Riva in its stable. The revolutionary class and elegance of Wally founder Luca Bassani’s boats will now have a solid industrial base to stand on, that of Ferretti.
The announcement will be made at the Dusseldorf Motor Show (Jan. 19-27), which opens tomorrow, but an exclusive licensing agreement has already been signed, which is the key step in the acquisition.
The first project of this new era already “in the pipeline”; in fact, Ferretti will also present at the Dusseldorf Boat Show, Germany, the first project of the new era, the 48 Wallytender, which will then be premiered at the 2019 Cannes Boat Show. Speaking of investment, Ferretti is preparing to inject new blood into Wally with 84 million euros divided between 2019 and 2020 to develop and grow the brand. Already Wally’s presence at the German Boat Show is a positive sign, because Wally had been missing as an exhibitor for 15 years.
Wally Tender is one of the shipyard’s key models, a trademark from which Ferretti also decided to start its first matching “work.” Wally is the originator of the mega tender concept: luxury superyacht tenders that can also be considered independent boats in their own right. The mega tender as a boat falls under what we have termed Med Boat.
The hallmarks of Wally’s mega tenders:
The Ferretti Group ended 2018 with a value of production that exceeded 650 million euros. The data was released by the group itself, which was also placed 2nd in the world ranking of manufacturers of boats over 24 meters for the past year by the Global Order Book 2019. In 2018, 91 projects were built (up 4.6 percent from the previous year) and about 2,952 meters of boats over 24 meters are under construction (up 6.9 percent from 2017).
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