Wally is officially part of the Ferretti Group, the giant that in 2018 exceeded 650 million euros in production value.
Wally’s creativity marries the industrial power of the Ferretti Group
Wally, the brand created by Luca Bassani in 1995 and which has revolutionized the concept of tender and luxury motorboat, joins the Ferretti Group, one of the most powerful groups in the world in the boating sector, which already boasts prestigious brands such as Riva Yachts in its team. The revolutionary class and elegance of the boats of Luca Bassani, founder of Wally, will now have a solid industrial base to rest on, that of Ferretti.
The announcement will be made at the Dusseldorf Boat Show (19-27 January), which opens tomorrow, but an exclusive licence agreement has already been signed which represents the fundamental step for the acquisition.
What will come out of this marriage
The first project of this new era was already “in the pipeline”; in fact, Ferretti will present at the Dusseldorf Boat Show, Germany, also the first project of the new era, the 48 Wallytender, which will be presented in preview at the Cannes Boat Show 2019. Speaking of investments, Ferretti will invest in Wally 84 million euros divided between 2019 and 2020, to develop and grow the brand. Wally’s presence at the German Boat Show is already a positive sign, because Wally had been missing as an exhibitor for 15 years.
Which kind of shipyard is Wally?
Wally Tender is one of the key models of the shipyard, a trademark from which Ferretti also decided to start the first coordinated “work”. Wally is the creator of the concept of the mega tender: luxury superyacht tenders that can also be considered independent boats in their own right. The mega tender as a boat is one of what we have called the Med Boat.
The distinctive features of Wally’s mega tenders:
- High walls
- Thin bow
- Great power in the motorization
- Finishes and details of great value
The Ferretti Group, the 650 million euro group in 2018
The Ferretti Group closed 2018 with a value of production that exceeded 650 million euros. The data were released by the group itself, which was also placed for the past year in 2nd place in the world ranking of boat manufacturers above 24 meters from the Global Order Book 2019. In 2018, 91 projects were completed (+4.6% compared to the previous year) and about 2,952 meters of boats over 24 meters under construction are under construction (+6.9% compared to 2017).