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
SHARE
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.

SHARE ARTICLE
By Ezekiel Wheeler
259 Articles

RELATED ARTICLES

BROWSE CARS BY MARKET

MORE FEATURES

Replaces Autobiography Black as flagship Range Rover.
Jake HolmesMar 31, 2015
Volvo is going to build its first-ever U.S. plant.
Karla SanchezMar 31, 2015
The No. 23 Nissan GT-R NISMO GT3 caught air at the Nürburgring killing one and injuring several others
Jason UdyMar 31, 2015
Land Rover teams up with designer Paul Smith for a completely bespoke Defender.
Megan StewartMar 31, 2015
Yes, it’s a Porsche in Super Street, and yes it’s muh-f*ckin’ badass!
Jofel TolosaMar 30, 2015

SEARCH ARTICLES BY MAKE/MODEL

Search
TO TOP