In May 2000, Riva became part of Ferretti Group, who restored it to where it is today, at the vanguard of world boating as a recognised icon of fine Italian yachting artistry. This felicitous journey is down to the know-how of the group Engineering department and the sensibility of designer Mauro Micheli, co-founder with Sergio Beretta of Officina Italiana Design, the studio that exclusively designs the whole Riva fleet.
That year also saw the launch of Aquariva, a 33-foot embodiment of the brand DNA that set the tone for the future output – a triumph of élan, innovation and exclusivity encapsulated in a product of revolutionary engineering, reliability and performance. In 2012, Ferretti Group announced a new majority shareholder: Shandong Heavy Industry Group (Weichai Group) of China, a true industrial giant, one of the world’s most important conglomerates in the automotive, commercial vehicles and construction machinery sectors. Weichai’s strength and strategic vision have enabled Riva to make yet another leap forward, with a flow of projects and resources assured for the long term. In 2014, the brand signalled its return to the megayacht sector, with the new Riva Superyachts division. The dream of creating Riva steel and alluminium displacement superyachts is very much inspired by Carlo Riva. His ambition and restless genius spurred him to reach for new horizons, with the celebrated Caravelle and Atlantic series megayachts in the ’60s and ’70s and, from 1970 to 1978, the six over-20-metre motor yachts in the Marco Polo series plus a 90- and a 100-foot Vespucci.