Ferretti SpA’s second-largest investor, KKCG Maritime, is launching a voluntary offer, worth up to €182m, to double its stake in the Italian yacht maker.
The Czech investment group is also reportedly preparing to propose a shareholder vote to oust directors with connections to the boatbuilder’s main shareholder, China’s Weichai Group, according to a story in Bloomberg published yesterday (19 January 2026).
In a statement, KKCG Maritime says its offer, which values the firm at around €1.2bn, “reflects the intention [of KKCG] to play a more active role in contributing to Ferretti’s development and growth.”
The move comes after a chain of share purchases by Weichai, which drove the stock price higher.
KKCG said its offer of €3.5 euros per share, while below the prevailing market price, reflected a 21.3 per cent premium to Ferretti’s share price on 11 December 2026, the final trading day before Weichai increased its holding.
Two people “close to the matter” have told Reuters that KKCG’s slate of board nominees “would not seek to replace the company’s current top management.” Reuters reports that the firm has “no plans to take Ferretti private”, targeting a stake of just below the 30 per cent threshold that triggers a mandatory full takeover.
“This offer reflects our intention to build on our long-term investment in Ferretti and contribute to its future growth and development”, says Karel Komárek, KKCG founder and board chair.
“Our track record of value creation is rooted in an active investment approach, centred on engaged governance, experienced management teams and long-term strategic commitment: we will leverage our proven expertise to support Ferretti’s organic and inorganic growth opportunities amid the current global sector dynamics.”
MIN has reached out to Ferretti Group, KKCG, and Weichai Group for comment.
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