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March 26, 2026
KKCG Maritime, a Czech 'investment firm', raised on 'Friday its voluntary offer - to increase its % stake in Italian yacht maker Ferretti up to 203.35 million euros (234.55 millions). The revised offer, which is 3.90 euros per share, values Ferretti at 1,32 billion euros.
Posted to Maritime Reporter
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January 19, 2026
Czech investment group 'KKCG' announced on Monday that it would make a voluntary offer of up to 182 millions?euros ($212m)?to increase its stake in Italian Yacht maker Ferretti, and also push for a management change. KKCG has made an offer that values Ferretti at 1.2bn euros…
Posted to Maritime Reporter
on
January 19, 2026
According to calculations, Czech investment group KKCG announced on Monday that it had launched a partial voluntary offering to double its'stake' in Italian yacht manufacturer?Ferretti. KKCG will present its own slate of candidates to the Ferretti board after the deal is completed.
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December 22, 2025
Alinghi will return for the 2027 America's Cup. Organisers of the competition confirmed on Monday that the Swiss outfit was one of at least five teams comprising a new America's Cup Partnership. Alinghi announced in April that they would cease…
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March 31, 2025
New Zealand, the three-time defending champions of the America's Cup will not be seeking to host the next edition. An Emirates Team New Zealand announcement on Monday cited a lack economic support from government. New Zealand won the 37th America's Cup last October in Barcelona…
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March 10, 2025
Ferretti, the Italian yacht manufacturer, plans to acquire a company or asset this year. The Chief Executive did not specify whether it would be a brand name, a yard, or something else. Alberto Galassi, CEO of the company, told journalists that there were three files.
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November 28, 2025
Alexia Barrier, the French skipper and seven female teammates will begin their Jules Verne Trophy quest on Saturday off the coasts of Brest. They aim to set the world's first non-stop circumnavigation time with an all-female team without any outside help.
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November 14, 2025
Ben Ainslie, a British sailing ace, expects to reveal within a few weeks who is funding his next America's Cup bid, and the team he will be bringing along for the event in Naples, Italy, scheduled for 2027. Ainslie has set himself the goal of "bringing the Cup home" from the United States…
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June 6, 2025
SailGP teams are ready to shake off rust this weekend in New York, as the global championship returns to action following a short hiatus caused by a defect with the wingsail that forced the cancellation of the Rio event. The defect was identified…
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May 19, 2025
The majority of luxury yachts manufactured by Italy's Azimut-Benetti won't be directly affected by U.S. tariffs on imports, said its owner and chairwoman, but the wider impact of trade tensions may become problematic. Giovanna Vitell told the Financial Times Business of Luxury forum in Barcelona…
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May 15, 2025
The next America's Cup will be held in Naples in 2027, announced Prime Minister Giorgia Melons on Thursday. This is the first time that Italy has hosted the sailing's most prestigious event. New Zealand, three-times champions and defending hosts of the event…
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April 10, 2025
Peter Burling, three-time America's Cup winner and skipper of Team New Zealand, has parted ways with the team after they failed to reach an agreement ahead of the 38th regatta. Team NZ's management said it and Burling were in talks since their…
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April 9, 2025
INEOS Britannia, the team backed up by INEOS Chief Jim Ratcliffe, announced on Wednesday that it had withdrawn from the race for the America's Cup due to a failure to reach a deal with Athena Racing of former skipper Ben Ainslie. INEOS announced…
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December 16, 2024
Szabolcs WEORE, New Europe Hungarian skipper, has pulled out from the Vendee globe due to irreparable damages to his boat. Organisers of the solo non-stop unassisted sailing around the world competition announced this on Monday. Weores' IMOCA shroud…
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November 12, 2024
Italian Sea Group's chief executive stated on Tuesday that the company is not responsible for the sinking of Mike Lynch’s superyacht which resulted in the death of the British tech billionaire Mike Lynch and six other people. The Bayesian, a luxury yacht built by Perini Navi in 2008…
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September 5, 2024
According to judicial sources, the initial examinations conducted on four of those who died when British tech tycoon Mike Lynch’s family yacht sank in Sicily last month showed that they had suffocated as the oxygen on board the vessel ran out.
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August 24, 2024
A prosecutor in Italy has launched a manslaughter probe into the death of British tech magnate Mike Lynch, and six others who died when a luxury boat sank near Sicily last week. Ambrogio Cartosio is the head of the public prosecutor’s office in Termini Imerese.
