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Friday, December 21, 2012
Aston Martin's finally taken over by new owner
although the company is now jointly owned by Kuwait and Italy, the headquarters of Aston Martin remains at Gaydon, Warwickshire with production facilities containing 1600 skilled workers assemble sports car brand.
Aston Martin finally met the fate of clarity. British iconic car brand is now owned by an Italian company called Investindustrial. In the hands of Investindustrial, Aston Martin ready to continue their growth.
Investindustrial a winner and master Aston Martin after a fight with a variety of large companies such as Mahindra & Mahindra which is one of the largest truck manufacturer in the world from India, Geely is the largest private automobile manufacturer in China who is also the owner of Volvo and Toyota which is a car manufacturer largest in the world today.
Aston Martin 98-year-old was sold to Ford in 1987 and then sold to a Kuwaiti company, Investment Dar Inc. for U.S. $ 925 million in 2007. Currently, the Investment Dar took off part of its stake in Aston Martin because they want to balance the finances.
"I am pleased that Investindustrial has decided to become a major investor in the Aston Martin. With the support of Investment Dar, we have made substantial progress over the last five years in laying the foundations for success as one of the world's leading manufacturers of luxury sports cars," says Aston Martin Chairman, David Richards.
"We are very pleased to be part of the iconic, but the brands (Aston Martin) basically (from) the UK. We are looking forward to working with management and the Investment Dar to achieve a similar transformation and rejuvenation that we achieved with Ducati, by expanding the range of models and strengthening the dealer network throughout the world, "said Senior Principal Investindustrial Andrea C. Bonomi.
"We welcome Investindustrial as new partners in our collaboration with Aston Martin. With our commitment and support of Investindustrial, Aston Martin is in a strong position to pursue a plan for growth," said Chairman & Managing Director of The Investment Dar Adnan Al-Musallam in a statement official.
The entry of Investindustrial to Aston Martin itself occurs after Investindustrial invest 150 million pounds in Aston Martin in the form of raising capital to acquire a 37.5 percent stake in the company from England.
Aston Martin's own hopes that the two owners can work together well. Because they said she needed money to more than half a billion pounds to develop new products and technologies over the next five years.