IslamicFinance.de

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.

Aston Martin has confirmed that the Investindustrial partnership has been completed. The deal brings £150m of investment in the form of a capital increase. The investment underpins a significant new product development programme of more than half a billion pounds over the next five years. Aston Martin production will remain at the luxury British marque’s global headquarters at Gaydon in Warwickshire, a purpose-built facility where the current range of sports cars is assembled. Details of this year’s first quarter results will be announced to bondholders later in May.

The Italian private equity fund Investindustrial bought a 37.5 percent stake of Aston Martin. The deal was financed via a capital increase agreed with majority Kuwaiti owner Investment Dar. According to the carmaker's CEO Ulrich Bez the transaction will bring money for the next generation of products from 2015 to 2025, as well as know-how and experience. Investindustrial plans to expand Aston's model range and to strengthen its global dealership network.