Ferrari Group, the London-based shipping service that specializes in transporting jewelry, gems, and other luxury goods, is looking to go public this year, according to a report by Bloomberg.
The article, which cited “people familiar with the matter,” said Ferrari is working with Goldman Sachs on the possible IPO and will likely choose a European location for the listing.
Founded in 1959 in Alessandria, Italy, Ferrari Group posted revenue of 330 million euros (approximately $344 million) in fiscal 2023, a 7% jump over the prior year.
The company did not respond to a request for comment from JCK.
Top: Ferrari Group’s booth at the 2024 VicenzaOro fair (photo courtesy of Ferrari Group)
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