Update Aug 2012 – The deal was done and Yes they will now open a Factory in China!
Here is a short clipping from the Asian WSJ, that may cause a few blank looks for Ferretti Lovers…..
Shandong Heavy to Buy Italy’s Ferretti Yachts
HONG KONG—Chinese state-owned Shandong Heavy Industry Group Co. is in advanced talks to buy Italian luxury-yacht builder Ferretti Yachts, a person familiar with the situation said.
It is the latest move by a Chinese company to acquire makers of luxury products that are increasingly popular on the mainland.
The Shandong-based company plans to sign the deal next week at the earliest, the person added.
Shandong Heavy Industry apparently manufacture Agricultural & Construction Machinery…….Interesting ! http://sdhigroup.com/
Ferretti Yachts sell based on Style, Luxury and Exclusivity. If it goes through, then will some production will shift to China ?
http://www.ferretti-yachts.com
Maritimo 48 
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