Luxury logistics group Ferrari aims for 822 million euro valuation in Amsterdam listing

Reuters

Feb 06, 2025

MILAN, Feb 6 (Reuters) - Luxury logistics company Ferrari Group on Thursday set a price range for its initial public offering of between 8 euros and 9 euros per share, giving the company an indicative market capitalisation of up to 822 million euros ($851.84 million).

The offer starts on Thursday and will run to February 12, with the first day of trading on the Amsterdam bourse expected a day later.

The founding family is selling up to 25% of existing shares in the company, with a so-called greenshoe option potentially bringing that up to 28.7%.

The family-owned group, founded in 1959 in Italy and currently headquartered in London, focuses on the handling of luxury goods such as high-end watches, jewellery and diamonds.

($1 = 0.9650 euros)

(Reporting by Elisa Anzolin; Editing by Kirsten Donovan)

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

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The offer starts on Thursday and will run to February 12, with the first day of trading on the Amsterdam bourse expected  a day later. The founding family is selling up to 25% of existing shares in the company, with a so-called greenshoe option potentially bringing that up to 28.7%. The family-owned group, founded in 1959 in Italy and currently headquartered in London, focuses on the handling of luxury goods such as high-end watches, jewellery and diamonds.  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