M49 Junction Avonmouth manufacturing premises will benefit from Aston Martin cash injection

This is a major boost for the UK’s auto manufacturing industry and the benefits will be widespread. It is also a deal which will help establish confidence in the market and will therefore attract further investors helping to create growth.

Investindustrial is investing £150m in the Warwickshire-based sports car manufacturer in return for a 37.5% stake in the company.

The company also confirmed it would retain its global headquarters at Gaydon, where it employs 1,600 people.

Aston Martin chairman David Richards said the firm was “delighted with the deal and the money would be pumped into the business to create sustainable long-term growth.”

“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,” he said.

The firm said it now planned to invest more than half a billion pounds in its new product and technology program over the next five years. With the support of The Investment Dar and Investindustrial, the company said it was now well positioned to realise its ambitious growth strategy.

As investment and expansion continues to take place in the Midlands, warehouses and manufacturing premises can expect to stay in high demand.

Source: The Business Desk