Investindustrial to acquire 190% of Aston Martin Holdings for approximately €37,5m (UK) Limited through a capital increase. The investment company will thus become the main shareholder of the historic British car manufacturer.
The transaction, subject to Antitrust approval expected in the first quarter of 2013, implies an enterprise value of the Company of approximately 940 million euros.
Over the next 5 years Aston Martin will invest over 625 million in new products and technological development programmes. With the support of Investindustrial and Investment Dar, Aston Martin will therefore be able to implement its plan for growth and expansion worldwide, explains the note.
“We are really proud to start this adventure and invest in a global icon, as well as in one of the symbolic brands of 'British style' – said Andrea Bonomi, senior principal of Investindustrial -. We look forward to working with the management and with Investment Dar to carry out also with Aston Martin the transformation and modernization process that we have successfully achieved at Ducati, thanks to the expansion of the model range and the strengthening of the distribution network throughout the world" .
