Investindustrial is now a major shareholder at Aston Martin, prompting the carmaker to proceed with its extensive and stimulating plans for sustainable long-term growth. Aston Martin Chairman David Richards welcomed Investindustrial, saying he is delighted that the company has decided to become a major investor in the carmaker.
Richards remarked that with the support of The Investment Dar, Aston Martin managed to make substantial progress over the past five years in placing the foundations for success as one of the leading luxury sports carmakers in the world. Richards noted that Investindustrial’s new investment underscores and sustains the unique position of Aston Martin within the auto industry. Aston Martin’s Chairman said that the carmaker looks forward to working with its shareholders in realizing its vision and future plans.
Andrea C. Bonomi, Senior Principal at Investindustrial, expressed delight in becoming part of Aston Martin, which they consider as this “iconic global, but quintessentially” British brand. Bonomi remarked that they look forward to working with Aston Martin’s management and Investment Dar to achieve a similar transformation and rejuvenation that it has achieved with Ducati – through an expansion of carmaker’s model range and a strengthening the dealership network around the world.
Adnan Al-Musallam, Chairman & Managing Director of The Investment Dar, welcomed Investindustrial as its new partner in Aston Martin. Al-Musallam said that Aston Martin is in a strong position to pursue its plans for development, with The Investment Dar and Investindustrial as its backers. Investindustrial is investing £150 million in Aston Martin through a capital increase, in exchange for a 37.5-percent stake in the carmaker. Aston Martin plans to invest over half a billion pounds in its new product and technology program for the next five years.