Linklaters advises on Ferrari Group’s IPO, the first listing on Euronext Amsterdam in 2025

Linklaters has advised the joint bookrunners on the initial public offering (IPO) of Ferrari Group PLC and its listing on Euronext Amsterdam. The transaction involved the sale of shares by the holding company of the founding family, Deiana Holding Limited, with gross proceeds of €197m excluding any proceeds resulting from an exercise of the over-allotment option.

Ferrari Group PLC is one of the global leaders in the worldwide shipment of luxury goods, providing integrated services with a focus on handling hard luxury goods, such as high-end watches, jewellery and diamonds.

The issue price of the shares was €8.60 per share, resulting in a market capitalisation of €785m on the day of listing.

The Linklaters team was led by Global Head of US Capital Markets, Pam Shores (London, New York), and Capital Markets partner Alexander Harmse, alongside managing associate Xu Wang (both Amsterdam) and US associate Cassandra Dula (London).