Macfarlanes has advised Ferrari Group PLC, one of the global leaders in the worldwide shipment of luxury goods, on the English law aspects of its IPO and admission to listing and trading of its ordinary shares on Euronext Amsterdam.  The market capitalisation of the Ferrari Group at admission was €785m.  

Ferrari Group provides integrated services with a focus on handling hard luxury goods, such as high-end watches, jewellery and diamonds. Established in 1959 as a customs broker and forwarding company in Italy, today Ferrari Group is a global network operator with international operations in Europe, Asia, North America and Brazil and the rest of the world. The customers of the Group include global luxury brands, high-end watchmakers, jewellery manufacturers and distributors, diamond dealers, precious stone producers and private clients.

The transaction was led by Corporate M&A Partner Richard Burrows, with assistance from Associates Sanjana Singh and Patrick Bennett. Tax expertise was provided by Partner Greg Price and Senior Counsel Alex Ereira. Partner Rasmus Berglund provided management incentive advice. Partner Lorna Emson and Senior Associates Helen Harvey and Francis Bond provided Litigation and Dispute Resolution input. Partner Hayley Robinson and Senior Counsel Tabitha Al-Mahdawie provided Employment input.  

Commenting on the transaction, Richard Burrows said: “We are delighted to have helped the Ferrari Group PLC achieve its successful IPO and look forward to assisting the company with its post-IPO plans. It was a pleasure to work alongside all the Ferrari Group business teams and advisers on this significant chapter in the development of the Group, in particular the Ferrari Group legal team led by General Counsel Marisella Laforgia.”