Super Street Network

 |   |   |  Investindustrial New Shareholder of Aston Martin - Web Exclusive

Investindustrial New Shareholder of Aston Martin - Web Exclusive

Italian firm buys 37.5% stake in British icon

Ezekiel Wheeler
Dec 7, 2012
Invenstindustrial shareholder aston martin Photo 1/1   |   Investindustrial New Shareholder of Aston Martin - Web Exclusive

Today, Aston Martin Chairman David Richards announced that he was "delighted that Investindustrial has decided to become a major investor in Aston Martin."

Investindustrial wrote a check for $260 million dollars in a company that was rumored to be on its last lap. The Italian firm ended up beating out Mahindra and Mahindra for stake in the Bond-mobile company.

Talks of Aston Martin on the market for investors or even a potential buyer have been lingering since the launch of the new Vanquish. Many thought the car would be the last "hoo-rah" under the current owners of the company. Some even gossiped about how TATA could be a blessing for the company - after all look at Jaguar and Land Rover.

But today, with Investindustrial and Aston Martin's partnership we can expect the new Vanquish along with Aston's blossoming racing program to grow, or survive for the time being. Time will only tell if the, perceived, micro-loan (on a grander scale of things) will prove to be beneficial in the long term for the company.

By Ezekiel Wheeler
269 Articles

BROWSE CARS BY MARKET

MORE FEATURES

BMW is returning to Le Mans, but not with an LMP1 program. Get the details here.
Alex NishimotoSep 27, 2016
BMW is celebrating the 30th birthday of the M3 by looking back at the model's rich history.
Kelly PleskotSep 27, 2016
McLaren has released its latest model, an all-electric P1 for budding hypercar enthusiasts ages 6 and under.
Alex NishimotoSep 27, 2016
Dodge van racing is a thing in Japan, and this video explains why.
Alex NishimotoSep 27, 2016
We reflect on the life of an innovator in the automotive tuning industry, legend in the Volkswagen community, and a friend.
Michael FebboSep 26, 2016

SEARCH ARTICLES BY MAKE/MODEL

Search
TO TOP