Aston Martin Finalises Investindustrial Partnership, Secures Funding Photo:
2013_aston_martin_vanquish_13 Photo: tmr
2013_aston_martin_vanquish_04 Photo: tmr
2013_aston_martin_vanquish_01 Photo: tmr
2013_aston_martin_vanquish_15 Photo: tmr
2013_aston_martin_vanquish_01a Photo: tmr
2013_aston_martin_vanquish_20 Photo: tmr
2013_aston_martin_vanquish_10 Photo: tmr
2013_aston_martin_vanquish_07 Photo: tmr
2013_aston_martin_vanquish_14 Photo: tmr
2013_aston_martin_vanquish_01b Photo: tmr
2013_aston_martin_vanquish_16 Photo: tmr
2013_aston_martin_vanquish_11 Photo: tmr
aston_martin_am310_vanquish_teaser_01 Photo: tmr
2013_aston_martin_vanquish_19 Photo: tmr
2013_aston_martin_vanquish_01c Photo: tmr
2013_aston_martin_vanquish_21 Photo: tmr
2013_aston_martin_vanquish_08 Photo: tmr
2013_aston_martin_vanquish_23 Photo: tmr
2013_aston_martin_vanquish_05 Photo: tmr
2013_aston_martin_vanquish_03 Photo: tmr
2013_aston_martin_vanquish_18 Photo: tmr
2013_aston_martin_vanquish_09 Photo: tmr
2013_aston_martin_vanquish_12 Photo: tmr
2013_aston_martin_vanquish_06 Photo: tmr
2013_aston_martin_vanquish_02 Photo: tmr
2013_aston_martin_vanquish_17 Photo: tmr
2013_aston_martin_vanquish_22 Photo: tmr
2013_aston_martin_vanquish_06a Photo: tmr
TMR Team | May, 02 2013 | 0 Comments

Aston Martin has finalised its new partnership with Investindustrial, securing a crucial capital increase for the British carmaker.

The Italian private equity fund has bought a 37.5 percent stake in Aston Martin, taken from Investment Dar's 64 percent stake.

The deal gives Aston a 186 million euro (AU$228m) capital increase, and the fund will also inject a further AU$570 million over the next five years.

“Investindustrial’s new investment reflects and sustains the unique position of Aston Martin within the industry,” Aston Martin Chairman David Richards said in the statement.

The news follows Investindustrial's sale of motorcycle brand Ducati to Audi for 860 million euros (AU$1.05b).

Andrew Bonomi, Investindustrial Chairman, said the fund plans to “achieve a similar transformation and rejuvenation that we achieved with Ducati, by expanding the model range and strengthening the dealership network".

Investment Dar will remain a major shareholder in Aston Martin.

“We welcome Investindustrial as new partners in our collaboration with Aston Martin. With our continued commitment and the support of Investindustrial, Aston Martin is in a strong position to pursue its plans for development," Investment Dar Chairman Adnan Al-Musallam said.

The Kuwait-based company led a group of investors in the purchase of Aston Martin from Ford in 2007, at a price of 503 million pounds (AU$768m today).

Since the purchase from Ford, Aston Martin is one of the few global luxury and supercar brands that does not belong to a larger group - a position which has hampered the marque's technology development.

Investindustrial's capital injection will kickstart Aston's development of new platforms, but reports suggest the tie-up could also bring a technical arrangement with Daimler AG that could provide Aston Martin with vital access to Mercedes-Benz and AMG technology.

Links contained in this article
TMR Comments
Latest Comments
The size of your tyre is located on the sidewall of your tyre.
It will be similar to the sample below.