Ft. Lauderdale, FL. October 7, 2013 – Ferretti Group, a world leader in the design, construction and sale of motor‐yachts, comprising of a unique portfolio of some of the most exclusive and prestigious brands in the nautical world, is proud to announce that it has strategically partnered with MTM, a leading Italian luxury auto, motorcycle and yacht dealer, based in Guatemala City, Guatemala serving clients in Guatemala, Belize, El Salvador and Honduras.

“The partnership with MTM comes at a very opportune time with Guatemala's thriving economy and large network of wealthy individuals residing in the country”, stated James Henderson, CEO of Ferretti Group America. “Guatemala is one of the world's top destinations for yachting with access to both the Pacific and Atlantic Ocean waters and its proximity to other top yachting destinations like Belize, El Salvador, and Honduras makes this partnership significant for the Group in the Americas. MTM will provide Ferretti Group with the best yachting infrastructure in Central America to promote and service our yachts ranges”, added Henderson.

Ferretti Group has partnered with MTM to specifically represent Ferretti Yachts, Riva and Pershing throughout the Central American region. The Ferretti Group's leading expertise within the yachting market in technology, innovation, and luxury through its world renowned naval architecture group Advanced Yacht Technology and Design (AYT&D) coupled with the Group's experienced after sales service team and network of service points throughout the Americas will provide MTM with the best yachts in class by segment and an exceptional after sales service network needed to manage the yachting needs in the region.

“We are very impressed with the line of yachts in the Ferretti Group portfolio and believe that the Riva, Ferretti and Pershing brands will be very well received in Guatemala and the surrounding area”, stated Robie Dalton, President of MTM. “The quality of these yachts far exceeds anything we have ever seen in our market and the level of service from the Group is exceptional. In fact, one of Ferretti Group America’s technicians is from Guatemala and has been trained in Italy by the Group for years. Having him work directly with us and our clients in Guatemala will be a huge asset for MTM,” added Dalton.

To further expand the yachting infrastructure in Guatemala, MTM will increase their level of service to their clients by developing a service marina in the heart of Rio Dulce, a pristine area known for cruising and a primary location for yacht service and dockage. Although the plans have not been finalized, the marina is set to be completed in 2014 and will accommodate yachts of up to 72 feet and will offer yacht owners a world class marina and docking services.

As a Ferretti Group dealer, MTM will have a presence at the 2013 Ft. Lauderdale International Boat Show as well as the 2014 Miami Yacht and Brokerage Show and will be hosting its grand opening in Guatemala on November 21, 2013 . For more information on the Ferretti Group, its dealer network in the Americas, or more information MTM please visit Ferrettigroupamerica.com.