Fincantieri and Ferretti Group have announced that they have signed a wide-ranging collaboration agreement, with the aim of developing industrial and commercial synergies between two Italian companies world leaders in their respective sectors.
The announcement was made during the IDEX-NAVDEX show in Abu Dhabi, one of the most important world fairs dedicated to the Defense and Security sector.
The Memorandum of Understanding refers to both the defense and security sector and the recreational shipbuilding sector.
In both sectors the skills and competences of the two large Italian Groups are complementary and synergistic and the collaboration agreement opens up many possible scenarios.
The agreement announced today was signed a few days ago by the CEO of Fincantieri Giuseppe Bono and the CEO of Ferretti Group Alberto Galassi.
Fincantieri, the first naval-mechanical group in the world to produce naval units with high added value, and Ferretti Group, one of the most recognized companies in the world of recreational boating, have shared - even after the creation of Ferretti Security and Defense (FSD), the division dedicated to the Defense and Security sector of the Ferretti Group - an increasingly interconnected and demanding vision of the market, in front of which the collaboration between the two Groups will be able to strengthen its successes.
Thanks to this sharing, the leaders of the two companies, hope to soon realize the announced collaboration on specific themes and business opportunities, whose scope will range from the civil to the military sectors, both national and international.
"We are very pleased to be able to collaborate with the Ferretti Group also because Fincantieri, which is carrying out a great internationalization effort, does not forget its Italian roots and is very interested in creating a system with all the national companies that believe they can receive a contribution for their growth and their international development. We are firmly convinced that this agreement, with the subsequent implementations, will have important repercussions on the national economy, demonstrating once again that the Country System must be the engine of Italy's growth in the future”Commented Giuseppe Bono, CEO of Fincantieri.
"Ferretti is a rapidly evolving and rapidly growing Group: the collaboration agreement with a global leader like Fincantieri represents a recognition and confirmation of our strategy both in the large pleasure craft sector and in the defense and security sector in which Ferretti Group entered through its new FSD division. We are convinced that it will be possible to develop important synergies that will benefit both our Groups that together will make a system in the primary interest of our Customers, attentive to product innovation, reliability of supplies and an increasingly efficient level of service. Three factors that have become priority in our strategies and that completely associate us with the vision of Fincantieri's leadership. We are pleased that this announcement was made in the context of Idex-Navdex, in a country that is friendly to our groups and in a highly strategic area and in the presence of a vast audience of highly specialized international operators.”, Declared Alberto Galassi, CEO of Ferretti Group.
