Investindustrial Buys 37.5% Stake in Aston Martin for £150m

Just hours after rumors surfaced that former Ducati owner Investindustrial was leading in the bidding to buy Investment Dar's stake in , the company has officially confirmed that Investindustrial is buying a 37.5% stake in the sports car maker for £150 million ($240.2 million or €186 million). This is actually slightly smaller than the original 40% stake in Aston Martin that was for sale. 

“I am delighted that Investindustrial has decided to become a major investor in Aston Martin. With the support of The Investment Dar, we have made substantial progress over the past five years in laying the foundations for success as one of the world’s leading luxury sports car manufacturers. Investindustrial’s new investment reflects and sustains the unique position of Aston Martin within the industry," said Aston Martin Chairman David Richards. 

Investindustrial has no plans to move Aston Martin out of its Gaydon, England, headquarters. Aston Martin will invest heavily in technology in the near future opt improve its cars emissions.

Investindustrial sold Ducati to Volkswagen Group earlier this year for $1.11 billion (€860 million).

“We are delighted to form part of this iconic global, but quintessentially British brand. We are looking forward to working with the management and Investment Dar to achieve a similar transformation and rejuvenation that we achieved with Ducati, by expanding the model range and strengthening the dealership network, throughout the world," said Andrea C. Bonomi, Senior Principal at Investindustrial.

Aston Martin sent out a letter to investors on November 29 telling them that it was close to selling a portion of the company. At the time, the two bidders were Indian automaker Mahindra and MahindraMahindraIndia, 1944 > present12 models
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and Investindustrial. At the time, it was reported that Mahindra and Mahindra was offering more money for the stock, but Investindustrial was offering access to MercedesMercedes-BenzGermany, 1924 > present197 models
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technology. Aston Martin made no mention of the possible use of Mercedes tech in future cars in their official announcement of the sale, but we have contacted them for further comment.