Aston Martin to receive much needed cash for investment strategy
Aston Martin has plans to reveal an overhauled model lineup at the Geneva auto show in March. Investindustrial S.p.A., owner of 37.5 percent of Aston Martin’s shares since 2012, has now announced new cash investments into the automaker if needed, according to the private-equity firm’s chairman, Andrea Bonomi. He also added that Investindustrial has no intentions in selling the holding in the near future – disclosing that their investment needs to mature over a period of seven to 10 years. The automaker has other main shareholders such as Kuwaiti companies Investment Dar and Adeem Investment Co. Daimler also acquired a five percent stake in the company.
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