Founded in 1959 in Italy by Miranda and Giovanni Ferrari, the business has remained in the family. Marco Deiana, the company’s CEO and Miranda Ferrari’s son, expressed enthusiasm for the IPO’s potential impact.
“The proposed Euronext listing will increase the group’s public profile and brand awareness while enabling the business to access diversified sources of funding, supporting our ambitious growth plans,” Deiana said.
Focus on Luxury Goods
Ferrari Group specializes in the shipping of high-value luxury goods, including watches, jewelry, and diamonds. The company has built a global reputation for reliability in handling such items, positioning itself as a key player in the logistics sector for luxury brands.
Preparing for Growth
The move to go public aligns with Ferrari Group’s growth objectives. The additional exposure and funding access are expected to fuel its efforts to expand operations and secure its position in the competitive logistics landscape.
Counsel information for the IPO has not yet been disclosed, and the company was unavailable for additional comments.
