Aston Martin – Investindustrial buys in for £150 mil

Aston Martin – Investindustrial buys in for £150 mil

Italian private equity group Investindustrial has become a major shareholder in Aston Martin. Investindustrial, which used to own Ducati, won the bid ahead of Indian automaker Mahindra and Mahindra.

The deal will see Investindustrial putting £150 million (RM735 million) in AM in the form of a capital increase for a 37.5% stake in the company.

Aston Martin, currently owned by Kuwait’s The Investment Dar, said it intends to invest more than half a billion pounds in its new product and technology programme over the next five years. Production is set to remain at the luxury British marque’s global headquarters at Gaydon, Warwickshire, where it has a workforce of 1,600 employees.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.

 

Comments

  • Jonathan Chong on Dec 10, 2012 at 11:20 am

    If Proton was successful.. they could have owned not just Lotus…

    Like or Dislike: Thumb up 8 Thumb down 3
    • tokmoh on Dec 10, 2012 at 12:13 pm

      If proton owns AM, ppl bising waste taxpayer money for cronies n minister to buy cheap AM

      Like or Dislike: Thumb up 6 Thumb down 1
  • jolly_idiot on Dec 10, 2012 at 1:06 pm

    100% british beef.

    Like or Dislike: Thumb up 2 Thumb down 1
  • Jimmy on Dec 10, 2012 at 1:28 pm

    Many of us are intelligent enough to differentiate good vs bad.
    All AM cars are cantiq.
    Like Mercedes, all AM cars have low RV, in case someone wants to mention it, but we just want these cars because we can afford.

    Like or Dislike: Thumb up 2 Thumb down 4
    • how can you compare aston and mercedes, is it because you drive a merc. mercedes RV is only second to jap cars. infact if you wanted to buy a car that doesnt have a japanese badge and has decent RV then mercedes is one of the few choices you have thats why uncles usually upgrade from camry to merc. Aston on the other hand even by supercar standards (ferrari lamborghini) has quite low RV. but cars like these is about the heart not the brain.

      Like or Dislike: Thumb up 0 Thumb down 0
  • vee-oh on Dec 10, 2012 at 2:09 pm

    wow those Brits are good in selling their things..all sold to outsiders..good ah you guys

    Like or Dislike: Thumb up 6 Thumb down 1
    • agreed. car manufcturing oso like football club, buy n sell buy n sell and some ppl make money on the air.

      Like or Dislike: Thumb up 0 Thumb down 0
  • ah beng on Dec 13, 2012 at 2:01 am

    The Brits are very good at selling things, because they are bankrap country. Soon they might sell the Queen and Kate Middletong to China also.

    Like or Dislike: Thumb up 0 Thumb down 0
 

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