Photo: Aston Martin
Despite having reported that Mahindra & Mahindra, as well as Geely were interested in buying Aston Martin, it seems that the third company, the one we had heard less about is actually closest to closing the deal. While Mahindra was deemed closest to buying Aston, it seems that they have backed off, clearing the way for Investindustrial, the former owners of Ducati.
According to autocar.co.uk, they are now set to take a 37.5% stake of the company. The Italian company should have the money to back up their high ambitions, as earlier this year, they sold Ducati to Audi for $1.1-billion. Now, for the given share, they are expected to pay around £250-million.
The deal with Investindustrial comes with its perks and downsides, as they will be giving the company less money than Mahindra would have done, yet they promise a possible collaboration between Aston Martin and AMG, which would undoubtedly please the British brand, which has a line of engines which is really starting to show its age, and an injection of new and more modern technology is more than welcome.
The deal with Investindustrial comes with its perks and downsides, as they will be giving the company less money than Mahindra would have done, yet they promise a possible collaboration between Aston Martin and AMG, which would undoubtedly please the British brand, which has a line of engines which is really starting to show its age, and an injection of new and more modern technology is more than welcome.
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