ChinaEquity invests in Aston Martin

By: Fozzati Partners, China Equity, Investindustrial
 
 
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Tags:
* Aston Martin
* Fozzati Partners
* Investindustrial
* Mercedes
* ChinaEquity

Industrys:
* Investment
* Automotive

Location:
* Gaydon - Warwickshire - England

Subject:
* Partnerships

GAYDON, England - Oct. 22, 2013 - PRLog -- ChinaEquity Group has joined forces with European private equity firm, Investindustrial, investing indirectly in Aston Martin, the 100-year old high-performance luxury sports car manufacturer.

ChinaEquity’s objective is to help Aston Martin successfully take on the large and growing Chinese luxury auto segment.  ChinaEquity was advised by Fozzati Partners, a private equity co-investment and corporate finance advisory firm.

ChinaEquity and other co-investors joined Investindustrial to invest £150 million for a 37.5% stake in the company through Prestige Motor Holdings S.A.  Other major shareholders include Kuwaiti firms Investment Dar and Adeem.

Aston Martin recently announced a formal ‘technical’ partnership with Mercedes-AMG.  The partnership will give Aston Martin access to the supply of custom V8 engines, in addition to cutting edge new technologies.  Daimler will in turn own 5% of non-voting shares in Aston Martin.

Founded in 1913 in London, England, Aston Martin is one of the most exclusive sports car manufacturers - and brands, in the world.

ChinaEquity Group is a prominent China based private equity and venture capital investment firm with several billion US$ under management.  ChinaEquity is the founder of the China Team, the first Chinese national sailing racing team to represent China in the America’s Cup.  It is also a major investor in China Grand Rally.

Investindustrial is a leading European investment group of independently managed investment holding and financial advisory companies with €3.1 billion of combined assets under management.  Its mission is to actively contribute to the development of the companies in which it invests, by creating growth opportunities and offering global solutions through an active ownership and entrepreneurial vision.

Fozzati Partners is a private equity co-investment and financial advisory firm.
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