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MCG, Ferrari Sign Exclusive Licensing Agreement

The May Cheong Group (MCG), manufacturers of the die-cast and R/C replica brands Maisto and Bburago, has signed an exclusive, multi-year agreement with Ferrari that grants MCG the exclusive rights to manufacture and distribute Ferrari replicas worldwide beginning in January.

MCG has manufactured die-cast vehicle replicas for almost 40 years, and has had a relationship with Ferrari for more than 25 years. MCG acquired Italian die-cast brand Bburago in 2005, which has an even longer relationship with Ferrari and which will celebrate its 40th anniversary next year.

The launch will include four ranges of products within the Bburago brand: Signature Series, Racing, Race and Play, and Ferrari Kids. More than 100 cars will be launched by summer, and Maisto will continue to offer Ferrari model kits, R/C products, and other die-cast replicas.

“We are extremely pleased and humbled that we were able to reach this agreement with Ferrari, the preeminent automobile brand in the world,” said Roger Ngan, CEO of MCG. “For 47 years our company has been laying the groundwork, establishing a worldwide distribution network, creating state of the art factories and, most importantly, developing strong relationships that enable us to produce fantastic die-cast replicas. We look to do even more in the coming years.”

More news regarding the products will be available at later this year.

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