Aston Martin owners considering possible stock market floatation

Insiders claim that Aston Martin could be headed towards floatation on the back of encouraging growth.

Aston Martin DB11 Volante - front quarter

The owners of Aston Martin could be in the process of floating the company on the stock market, according to a report by Reuters. The British marque is enjoying a period of buoyancy due to rising sales and a fresh suite of new products, and it appears Aston’s current owners may want to take the opportunity to cash in.

Sources ‘familiar with the matter’ have claimed that Aston Martin's major stakeholders have hired investment bank Lazard to work on an initial preliminary plan. Currently, Italian private equity firm Investindustrial and a group of Kuwaiti investors own around 90 per cent of Aston Martin between them.

> Click here for our look at the all-new Vantage

Specific details of the plan are as yet unknown, but reports suggest it could go in one of a couple of different directions, either being floated on the stock market in an initial public offering (IPO) in the third or fourth quarter of 2018, or a trade sale could be made to a separate manufacturer. Ferrari underwent a similar process, being floated by parent company FCA in 2015.

The option of a trade sale might prove to be a little more complicated, as the marque's recent technical partnership with Daimler has come about with the German conglomerate taking its own 5 per cent share in the company. Many of Aston Martin's new and upcoming products use Mercedes-derived electrical systems, while the engines in V8-powered cars are Mercedes-sourced, too.This might prompt the massive German manufacturer to put a stop to any sale to a rival brand.

Italian firm Investindustiral acquired a 37.5 per cent stake in Aston Martin in early 2013 with a £150m investment, and it's thought to be driving the plan forwards. Reuters’ sources are keen to stress however that nothing has been set in motion, and that Aston’s current investor base still maintains full control.

Aston Martin has since commented saying: “Any IPO for Aston Martin would be at the sole discretion of our shareholders. The management team is focused on delivering our annual and medium-term business commitments under our Second Century plan.”

Recommended

Aston Martin F1 team announces Honda engine partnership from 2026
Aston Martin F1 car
News

Aston Martin F1 team announces Honda engine partnership from 2026

The Formula 1 grid will undergo a shake-up for the engine regulation change in 2026, with Honda departing Red Bull Powertrains and joining Aston Marti…
25 May 2023
Geely invests £234 million in Aston Martin shares to support brand revival
Aston Martin badge
News

Geely invests £234 million in Aston Martin shares to support brand revival

Geely has become Aston Martin’s third largest shareholder as the British firm approaches a new era of more advanced, re-engineered models
18 May 2023

Most Popular

Hyundai i30 N and i20 N axed
Hyundai i30 N and i20 N
News

Hyundai i30 N and i20 N axed

Production of petrol-powered Hyundai N hot hatches has come to an end in Europe, with electric N models picking up the baton
23 Feb 2024
Best performance SUVs
Best SUVs 2024
Best cars

Best performance SUVs

The best hot SUVs have started to develop entertaining dynamic characters all of their own, even if we'd rather drive an equivalent fast estate...
23 Feb 2024
Ferrari Purosangue v Aston Martin DBX707 – car pictures of the week
Ferrari Purosangue v Aston Martin DBX707 – twin
Features

Ferrari Purosangue v Aston Martin DBX707 – car pictures of the week

In the latest issue of evo, we pit Ferrari’s Purosangue against the Aston Martin DBX707 – here are some of our favourite shots…
25 Feb 2024