KKCG Maritime Tender Offer for Ferretti Draws No Acceptances So Far

An update from Ferretti S.p.A. ( (IT:YACHT) ) is now available.

KKCG Maritime, which already owns 14.5% of Ferretti, has launched a voluntary conditional partial public tender offer to acquire up to an additional 15.4% of the yacht maker’s share capital. As of the latest update from Prague on 16 March 2026, no shareholders have tendered their Ferretti shares under the offer during the acceptance period.

The offer remains conditional, with several conditions already fulfilled and one key condition still outstanding, which KKCG Maritime may invoke only if its non-fulfilment is materially significant in the context of the deal. Further announcements on acceptance levels and final results will determine whether KKCG can increase its strategic stake in Ferretti, a move that could influence control dynamics and investor sentiment around the luxury yacht group.

More about Ferretti S.p.A.

Ferretti S.p.A. is a yacht manufacturer listed in Hong Kong, operating in the luxury maritime and leisure boating industry under the ticker 09638.HK. The company focuses on high-end yachts and related maritime products, targeting affluent consumers and international markets for premium recreational vessels.

Learn more about YACHT stock on TipRanks’ Stock Analysis page.