Ferrari Family Investments acquires minority stake in Cavallino Inc
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Two prancing horses, united by their passion for Ferrari, come together: Ferrari Family Investments, the family office of the founders of the Maranello company, and Cavallino Inc., a U.S. company established in 1978. Over the years, Cavallino Inc. has become a cornerstone for the international Ferrari enthusiast community through its bi-monthly magazine, *Cavallino*, and the Palm Beach Cavallino Classic Elegance Competition.
Ferrari Family Investments acquires minority stake in Cavallino Inc
Ferrari Family Investments has acquired a minority stake in the American company, although the value of the investment and specific details regarding the participation have not been disclosed.
As a result of this transaction, Enzo Mattioli Ferrari, the CEO of the family office, has been appointed president of Cavallino. Mattioli Ferrari, the grandson of Enzo and son of Piero, also serves as a trustee for the Piero Ferrari Trust, which was established in December 2022 to manage his 10.48% stake in the company (making him the second-largest shareholder) and outline succession plans related to the group’s share structure. The beneficiaries of the trust include his daughter Antonella and his grandchildren Enzo Mattioli Ferrari and Piero Galassi Ferrari.
Luigi Orlandini remains CEO and chairman
Meanwhile, Luigi Orlandini remains the CEO and chairman of the Board of Directors. He has successfully led the dynamic growth of Cavallino since it was acquired by Canossa Events Srl in 2020, a company known for organizing high-profile automotive events.
Orlandini holds a 33.01% stake in the company, while Motorsport Live Group owns 51%.