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Mastervolt and Ferretti Group sign ‘Strategic Supplier’ Contract

13 November 2010

Mastervolt 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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