KKCG warns Italy government of potential golden power breaches at Ferretti

Ferretti SpA

13/05/2026 11:00

MILAN, May 13 (Reuters) - Ferretti's YACHT.MI second largest investor KKCG Maritime said on Wednesday it had notified the Italian government of possible breaches of golden power rules regarding stake building in the yacht maker.

Ferretti is currently controlled by China's Weichai with a 39% stake. Czech investor KKCG Maritime, which holds 23% in the yacht group, aims to gain control of the company's board currently dominated by representatives of Weichai.

Italian business daily MF reported on Wednesday that China-linked investors had stepped up share purchases in the yacht maker ahead of a shareholder meeting on Thursday, called to appoint new members of the board.

 (Reporting by Elisa Anzolin, editing by Giulia Segreti)

 ((elisa.anzolin@thomsonreuters.com; 0039 0266129692;))