Eye on Asia-Pacific
Ferretti Group Asia Pacific signs an agreement with AMAL Yachting Ltd.
30 October 2019
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The strength of Ferretti Group in South-East Asia is still growing. Ferretti Group Asia Pacific, a subsidiary of the Group based in Hong Kong, and AMAL Yachting Ltd., have signed an exclusive dealership agreement for distributing the brands Ferretti Yachts, Pershing and Riva in Taiwan.
AMAL Yachting Ltd. was selected as the new exclusive dealer due in part to a commercial strengthening plan, which also includes significant investments, that Ferretti Group is implementing globally.
With this new dealership agreement, indeed, the Group further increases its network of Asia Pacific distributors, which now reaches fourteen in the region.
The partnership was born from the common need to intensify the pleasurable lifestyle in Taiwan, enhancing the value of yachts built according to the Italian expertise, with the aim of further increasing yachting activity in the region.
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“The new business partnership with AMAL Yachting Ltd. – commented Stefano de Vivo, CCO of Ferretti Group – has a fundamental strategic importance in the growth of the Group in the markets of South East Asia. We decided to rely on a highly experienced nautical broker – continued De Vivo – in a country, like Taiwan, which has always been fascinated by the style, elegance and exclusivity of our brands”.
“We are very excited to be launching the exclusive dealership agreement between AMAL Yachting Ltd. and Ferretti Yachts, Pershing and Riva in Taiwan where the market is reaching a new milestone in yachting.
Our enthusiastic and experienced team is dedicated to providing the best experience for our customers and we know the Italian craftsmanship, continuous innovation and nautical masterpieces which Ferretti Group yachts provide is going to be a driving force for us in the region as we take this next step” – said Tee TzerYu, Managing Director of AMAL Yachting Ltd.
The formalisation of the agreement with the Taiwanese dealer was announced during a press conference at the AMAL Yachting Ltd. headquarters in the city of Taipei and celebrated with a launch party, reserved for a group of distinguished guests and customers.
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