KKCG Maritime to Acquire 8.75% Stake in Ferretti After Partial Tender Offer Closes

Ferretti S.p.A. ( (IT:YACHT) ) has provided an update.

KKCG Maritime’s voluntary conditional partial tender offer for up to 15.4% of Ferretti S.p.A.’s share capital has closed, with valid acceptances received for 29,611,598 shares, or about 8.75% of the issuer’s current share capital and roughly 56.8% of the maximum number targeted. Because tenders did not exceed the offer cap, KKCG Maritime will acquire all tendered shares at a revised consideration of €3.90 per share, for a total of about €115.5 million, increasing its stake in the luxury yacht maker without triggering allocation procedures and potentially strengthening its influence over Ferretti’s strategic direction.

The offer has become unconditional in all respects, with all stated conditions now fulfilled according to the offer documentation. Settlement is scheduled for 20 April 2026, when payment will be made and the acquired shares transferred to KKCG Maritime, while final detailed results will be confirmed in a subsequent notice in line with Italian regulatory requirements and a waiver granted from strict Hong Kong Takeovers Code timing rules.

More about Ferretti S.p.A.

Ferretti S.p.A. is a yacht manufacturer listed in Hong Kong under stock code 09638.HK and on EXM as YACHT. The company operates in the luxury maritime industry, focusing on the design and production of high‑end recreational vessels for international markets.

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