Ferrari Group PLC (Ticker: FERGR NA) is a UK-based company operating in the transportation/services industry, specializing in luxury logistics, particularly the transportation and handling of jewelry and other luxury items. The company, established in Italy in 1959, is not related to the automaker Ferrari NV.
Ferrari Group PLC is expected to start trading on Euronext Amsterdam on February 13, 2025. The firm is selling 22.8 million shares, representing a 25% stake from the controlling Deiana family, at a price range of EUR 8.00-9.00 (USD $8.39-$9.44). The expected Market Capitalization at offer is up to EUR 822 million (approximately $888 million). The total offer size is EUR 205.20 million (USD $215.23 million). The offering is managed by ABN Amro Bank NV, Goldman Sachs Bank Europe SE, and Jefferies GmbH.