Ferrari Group, a company specialising in luxury logistics and controlled by the Deiana family, has announced its intention to launch an Initial Public Offering on the Amsterdam Stock Exchange, marking one of the first such transactions in Europe in 2025. The company made the announcement on 27 January 2025 via its website, specifying that the offering aims to sell 25% of its shares, with a valuation expected to exceed one billion dollars.
Founded in Italy in 1959, Ferrari Group is renowned for managing the transport and customs services of luxury goods, particularly jewellery. In 2023, the company generated revenues of approximately 333 million euros, with an operating profit of 90 million euros. Updated estimates indicate that revenues for 2024 are projected to range between 345 and 350 million euros. The company has also announced plans to maintain an ambitious dividend policy, with an average annual payout of at least 40% of profits. The operation is being led by Goldman Sachs Group and Jefferies Financial Group.
Marco Deiana, CEO of Ferrari Group and a member of the founding family, commented: “Today’s announcement marks a momentous new chapter in Ferrari Group’s strategic journey. Since 1959, we have grown from a customs broker and forwarding company in northwest Italy, to a trusted global leader offering end-to-end critical services to international luxury brands across the entire delivery value chain. Our commitment to delivering tailored solutions for complex transportation needs has driven consistent and profitable growth, providing us with a strong platform from which to deliver further progress through increased services, regional expansion, adjacent service offerings and margin development. Our proposed listing on Euronext will increase the Group’s public profile and brand awareness while enabling the business to access diversified sources of funding, supporting our ambitious growth plans. We are excited to share our journey with our potential new investors as we build on our legacy of excellence and shape the future of luxury goods logistics."
