Investindustrial invests in Aston Martin

The investors agreed on the deal after Indian carmaker Mahindra & Mahindra dropped out of the bidding process. As a result of the transaction, Investindustrial will become a major shareholder of the company with commensurate voting rights. The capital increase will go towards fulfilling the company's ambitious growth strategy, to widen its range and expand globally.

The investment is in line with Investindustrial's experience in the sector. The GP sold Italian motorcycle firm Ducati to Audi AG for around €900m earlier this year, making a 3x multiple on its investment.

Company
Aston Martin is a UK-based luxury motor brand founded in London in 1913. The brand was made iconic by featuring as 007's car in 11 of the James Bond movies over the last 50 years. In 2011, Aston Martin generated sales of €634m with an EBITDA of €101m. Its enterprise value is approximately €940m. The company is based in Gaydon, Warwickshire.

People
Andrea C Bonomi is senior principal at Investindustrial.

Advisers
Equity – JP Morgan (Corporate finance); Dickson Minto (Legal); SJ Berwin (Legal); PricewaterhouseCoopers (Financial due diligence).

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• Expansion
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• United Kingdom
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• SJ Berwin
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