Aston Martin's Parent Company: A Comprehensive Overview
Background
Aston Martin, the iconic British manufacturer of luxury sports cars, has a rich history spanning over a century. In recent years, the company has undergone significant changes in ownership and management.
Acquisition by Stroll's Consortium
In early 2020, a consortium led by Canadian billionaire Lawrence Stroll invested 2356 million (182 million) in Aston Martin. This investment gave the consortium a significant stake in the company and marked a new era for Aston Martin.
Role of Lawrence Stroll
Lawrence Stroll is a Canadian billionaire businessman and former fashion executive. He is the founder and former co-owner of the Tommy Hilfiger brand. Stroll has a passion for motorsports and owns the Racing Point Formula One team. As the executive chairman of Aston Martin, Stroll has played a key role in the company's resurgence. Under his leadership, Aston Martin has introduced new models, expanded its global presence, and strengthened its financial position.
Current Ownership Structure
After the investment by Stroll's consortium, Aston Martin's ownership structure is as follows: * Stroll's consortium: 23.4% * Daimler AG: 9.9% * Investment Dar: 5.1% * Public shareholders: 61.6%
Outlook for Aston Martin
With Stroll at the helm, Aston Martin is well-positioned for continued growth and success. The company has a strong lineup of new models, including the Vantage, DB11, and Valhalla. It also has plans to expand its production capacity and enter new markets. Under Stroll's leadership, Aston Martin is poised to regain its former glory and establish itself as a leading player in the global luxury car market.
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