- Raising €197 million to fuel expansion and innovation
- Market capitalisation of €785 million at listing
- 6th listing on Euronext markets in 2025, reinforcing Euronext’s position as a top choice for international listings
Amsterdam – 13 February 2025 – Euronext today congratulates Ferrari Group Plc, one of the global leaders in the worldwide shipment of luxury goods, on its listing on Euronext Amsterdam (ticker code: FERGR). It is the sixth listing on Euronext markets in 2025, further strengthening Euronext´s leading position in international listings.
Ferrari Group is one of the global leaders in the worldwide shipment of luxury goods, providing integrated services with a focus on handling hard luxury goods, such as high-end watches, jewellery and diamonds. Established in 1959 as a customs broker and forwarding company in Italy, today Ferrari Group is a global network operator with international operations in Europe, Asia, North America and Brazil and the rest of the world. The customers of the Group include global luxury brands, high-end watchmakers, jewellery manufacturers and distributors, diamond dealers, precious stone producers and private clients.
The admission and issue price of Ferrari Group shares was set at €8.60 per share. Market capitalisation was €785 million on the day of listing. The Initial Public Offering (IPO) raised €197 million altogether.
Marco Deiana, CEO of Ferrari Group and member of the founding family, said: "Today marks a momentous moment in Ferrari Group’s history. What started as a small family business over four decades ago has grown into an industry-leading, worldwide operation, which today takes a historic step into its future. Our listing on Euronext Amsterdam 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. We’d like to extend our sincere thanks to our valued colleagues, customers, suppliers, advisers, and all those who have contributed to making this important milestone a reality. We wouldn’t be here without you. At the same time, we’re delighted to welcome our new investors as we navigate this next exciting phase of Ferrari Group’s journey as a publicly listed company, and continue to build on our legacy of excellence in luxury good logistics ."
Caption: Marco Deiana, CEO of Ferrari Group and Corrado Deiana, COO of Ferrari Group Europe, members of the founding family, and their team sounded the Gong during a ceremony this morning, in the presence of René van Vlerken, CEO of Euronext Amsterdam, to celebrate the IPO of the company.
CONTACT EURONEXT – mediateam@euronext.com
The Netherlands Marianne Aalders +31 20 721 41
CONTACT FERRARI GROUP
Investor Relations Paola Mantovani ir@ferrarigroup.net
Sodali & Co – Media James White +44 (0)774 8404399
ferrarigroup@client.sodali.com Maddie Seacombe +44 (0)7399 152933
Tilly Abraham +44 (0)7855 432699
About Ferrari Group
Ferrari Group is a global leader in the worldwide shipment of luxury goods, providing integrated services with a focus on handling hard luxury goods, such as high-end watches, jewellery and diamonds. Established in 1959 as a customs broker and forwarding company in Italy, today the Group operates an international network across 64 countries, handling over €170 billion in luxury goods a year. The Group provides end-to-end solutions throughout the luxury goods value chain, serving as a “one-stop-shop” and trusted partner to its clients.
The Group’s integrated range of logistics and delivery solutions includes:
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Freight Forwarding: the fast and secure delivery of luxury goods through different airfreight carriers for valuable and vulnerable cargo;
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Customs solutions: the handling of procedures involved in the shipping of high-value products throughout the world including providing country-specific expertise, customs consultancy services and solutions;
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Ground transportation, warehousing and logistic services: the transportation of luxury goods on land through a fleet of armoured and non-armoured vehicles and the safe storage of those goods; and
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Special services: bespoke services across the logistics value chain including security for luxury goods at red-carpet events, the assembly of goods, after sales services and stocktaking and other services which includes packaging items, kitting and wrapping goods and preparing components for production.
[Ferrari Group is listed on the Euronext Amsterdam under the ticker ‘FERGR’.]
For more information, visit: www.ferrarigroup.net