Aston Martin has confirmed that the Investindustrial partnership previously announced in December 2012 has been completed. The deal brings GBP150m 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 says it is “well positioned to realise its ambitious growth strategy”.
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Details of this year’s first quarter results will be announced to bondholders later in May.
Aston Martin also said in a statement that “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”.
See also: UK: Aston Martin sells stake to Investindustrial
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