Aston Martin Confirms Investindustrial Partnership
GAYDON, UNITED KINGDOM – May 2, 2013: Aston Martin today confirms that the Investindustrial partnership previously announced in December 2012 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. With the support of major shareholders The Investment Dar, Adeem Investment and, now, Investindustrial, Aston Martin is well positioned to realise its ambitious growth strategy.
Details of this year’s first quarter results will be announced to bondholders later in May.
Aston Martin production will remain at the luxury British marque’s global headquarters at Gaydon in Warwickshire, a purpose-built facility where a skilled workforce assembles the current range of sports cars.