Mastervolt and Ferretti Group sign a 'strategic supplier' contract
10 November, 2010 - Mastervolt, market leader in the supply of electrical power solutions to the international marine market, has signed a three year ‘strategic supplier’ contract with the Ferretti Group, a world leader in designing, building and marketing luxury motoryachts with a unique portfolio of some of the most prestigious and exclusive brands in the nautical world. This contract will extend the cooperation that started about eight years ago.
The agreement, which runs from Autumn 2010 until Autumn 2013, and which was initiated by Mastervolt Italia, brings together two companies dedicated to quality in all aspects of production.
Under the terms of this agreement, Mastervolt will supply equipment for the all Ferretti Group brands, including Ferretti Yachts, Pershing, Itama, Bertram, Riva, Mochi Craft, CRN and Ferretti Custom Line.
Paul Kenninck, CEO of Mastervolt commented: “This is a perfect association between two leading companies that have the same high standards for quality products and customer satisfaction.
Our electrical power solutions offer the levels of reliability and durability that are essential throughout the Ferretti Group range of motor yachts, giving both the builders and their customers, complete confidence in their craft.”
The Ferretti Group, led by Chairman Norberto Ferretti and Chief Executive Officer Salvatore Basile, has always been committed to constant product and process innovation, and continuous research into cutting-edge solutions within the sphere of technology. The Group employees share a continuous quest for quality, technological excellence, top performance, an exclusive, innovative design, maximizing comfort and taking painstaking care over detail. This common daily commitment has taken Ferretti Group yachts to the very heights of the nautical world.
Naturally such motor yachts also have considerable power demands, which is where the Mastervolt products fall neatly into place.
“We are extremely satisfied to have signed this contract with Mastervolt, an ideal partner with which we share common values” declared Norberto Ferretti, Ferretti Group Chairman and Founder. “For over eight years, we have been strengthening our profitable collaboration and achieved important results. I believe this agreement will enable us to combine the unique style and tradition of Italian-made products which is so typical of the Ferretti Group with Mastervolt’s leadership in the supply of electrical power solutions to the international marine market”.
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Notes for editors
Mastervolt
Mastervolt is world leader in the supply of electrical power solutions to marine, mobile and solar markets and has a worldwide presence in more than 80 countries.
Established in 1991, Mastervolt International employs 115 full-time staff in seven countries and has its headquarters in Amsterdam, Netherlands. Mastervolt International is privately owned by its founders, current management and a number of key employees.
Ferretti Group
The Ferretti Group is one of the world leaders in the design, construction and sale of motoryachts with a unique portfolio of some of the most exclusive, prestigious brands in the nautical world: Ferretti Yachts, Pershing, Itama, Bertram, Riva, Mochi Craft, CRN and Ferretti Custom Line. The Group, led by Chairman and Founder Norberto Ferretti and by CEO Salvatore Basile, has always been at the height of the pleasure boating market due to constant product and process innovation, continuous research and development and cutting-edge technological solutions. The extensive range of yachts on offer is designed by highly specialized technicians and engineers at AYT - Advanced Yacht Technology, one of the most advanced naval research and design centres in the world, which liaises with the Centro Stile Ferrettigroup, an expert team of architects and designers who continuously research aesthetic, functional and innovative solutions, and are built at the Group’s modern production units in Italy and the USA. The Ferretti Group, founded in 1968, is also present in Asia, with a branch of representation and promotion in Shanghai, as well as in the United States with Allied Marine, one of the top companies operating in the North American market that specializes in the sale and marketing of these luxury yachts as well as other nautical services. An exclusive network of around 60 carefully selected dealers guarantees the Group’s presence in over 80 countries, thereby ensuring valued clients receive the very best assistance in marinas all over the world.
For further information on Mastervolt, please contact:
Mastervolt International BV, Snijdersbergweg 93, 1105 AN Amsterdam, The Netherlands
Telephone: +31 (0)20 34 22 100. Fax: +31 (0)20 69 71 006
Email: mpersoon@mastervolt.com
For further information on Ferretti Group
Fulvia Venturi Via Ansaldo, 5/7, 47122 Forli, Italy
Telephone.: + 39 0543 787511
Email: fulvia.venturi@ferrettigroup.com
For further press information, please contact:
Tina Mansell at The Mansell Agency.
Telephone: +44 (0)1202 701705. Mobile: +44(0)7973 850012.
Email: tina@themansellagency.com
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