Morgan sold to Investindustria

Morgan sold to Investindustria

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BVB

Original Poster:

1,125 posts

160 months

Wednesday 6th March 2019
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In good hands alongside Aston and Ducati. Article on the Guardian.

Alex

9,975 posts

291 months

Wednesday 6th March 2019
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Still makes me very nervous...

cardigankid

8,849 posts

219 months

Wednesday 6th March 2019
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Well, they have sold a profitable family owned company to an Italian private equity firm which hopes to make money out of Aston Martin, just as a major worldwide recession looms. What could possibly go wrong?

Now I understand why they posted record profits. Its what you do immediately before you sell out.

Honestly, could Honda or Toyota or VW or Mercedes or BMW or even bloody Pistonheads not have bought it?


Scrump

22,931 posts

165 months

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