Ferretti Group Reportedly Sold to Shandong Heavy Industry Group
In another major industry movement, the Ferretti Group is reportedly set to be sold to the Chinese Shandong Heavy Industry Group; a manufacturer of construction and agricultural machinery.
The Bloomberg Business Exchange recently reported that lenders to the Ferretti SpA, one of the leading Italian superyacht builders currently restructuring their assets, has undergone acquisition discussions with the China based Shandong Heavy Industry Group.
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