In the tradition of Aston Martin enters a new investor and then holds 37.5 percent of the shares. (Photo: Aston Martin) |
With the British luxury car maker enters a financial investor and takes 37.5 percent of the shares. The new shareholder Investindustrial future would particularly strengthen the brand.
The Italian financial investor Investindustrial acquires stake in the traditional British brand Aston Martin. Investindustrial invest 150 million pounds (186 million euros) and assume a share of 37.5 percent in the manufacturer of exclusive sports cars, like the two sides announced on Friday.
Enterprise value of around 940 million euros
Classic and modern Aston Martin models, among others play as vehicles of secret agent "007" in the "James Bond" films supporting roles. When the business is going from an enterprise value of about 940 million euros, said the fund headed by Andrea Bonomi said on Friday, as the news agency Ansa reported. The purchase must be approved by the antitrust authorities. This step is planned for the first quarter of 2013.
investments planned
There had been several speculations about possible stake sales - it was said, among other things, sell the Kuwaiti owner Investment Dar wanted. Investindustrial stressed that they looked forward to now be working with Dar in the strengthening of Aston Martin. In the next five years would be investing more than half a billion pounds in new products and technologies, it was Aston Martin. The company's headquarters remain further in the English Gaydon in Warwickshire. It is staffed by 1,600 people. The luxury car maker had suffered in recent years from the global economic crisis.
Thank you for reading our article about Aston Martin - Italian Financial Investor Acquires A Stake In British at THE AUTOMOTIVE WORLD BLOG If you like it,you can share this article to your friends