Aston Martin has today announced a new major shareholder in the company, as it confirms that it will now proceed with its strategy for sustainable long-term growth. Investindustrial is investing £150 million in Aston Martin in the form of a capital increase for a 37.5% stake in the company.
Aston Martin intends to invest more than half a billion pounds in its new product and technology programme over the next five years, and with the support of existing and new investors, it is now poised to realise its ambitions.
Aston Martin manufacturing will remain at the luxury British brand’s global headquarters at Gaydon, Warwickshire in its modern purpose-built facility where a skilled workforce of 1,600 employees assemble the current range of sports cars.
Aston Martin Chairman, David Richards, said, “I am delighted that Investindustrial has decided to become a major investor in Aston Martin. With the support of The Investment Dar, we have made substantial progress over the past five years in laying the foundations for success as one of the world’s leading luxury sports car manufacturers. Investindustrial’s new investment reflects and sustains the unique position of Aston Martin within the industry. With this partnership and the continued commitment of The Investment Dar, we look forward to working with our shareholders as we realise our vision and exciting future plans.”
Earlier this year, SMMT launched the first report of its kind that demonstrates the value of the UK’s unique low volume car manufacturing industry. It highlights some of the challenges these companies face and, importantly, the opportunities for growth that can be achieved with industry, government and other stakeholders working together to support a world-renowned British success story.
Click through to download the report: Specialist car manufacturing – a uniquely British success story.
