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 DBR1: review, history and specs
Aston Martin DBR1 front
Aston Martin

Aston Martin DBR1: review, history and specs

Any DBR1 is special, but this is the actual car that won Le Mans in 1959. We tell the story of David Brown’s legendary sports racer and drive this uni…
31 Dec 2020
Aston Martin Rapide S v Aston Martin Lagonda
Aston Martin Rapide S v Aston Martin Lagonda main
Aston Martin

Aston Martin Rapide S v Aston Martin Lagonda

We compare Aston’s four-door saloon, the Rapide S, with its 1970s predecessor, the weird and rather wonderful Lagonda
6 Dec 2020
Driving the one-off Aston Martin DB7 GT prototype
Aston Martin

Driving the one-off Aston Martin DB7 GT prototype

This DB7 was the prototype for a race series that never happened. We head to Brands Hatch to get behind the wheel
2 Nov 2020
Mercedes-Benz formalises 20 percent share buyout of Aston Martin
Aston Martin

Mercedes-Benz formalises 20 percent share buyout of Aston Martin

Aston Martin will gain access to powertrains, electric platforms and electronic architecture as part of the deal
27 Oct 2020

Most Popular

Ferrari 812 'Competizione' confirmed – hardcore V12 berlinetta returns
Next lightweight Ferrari V12 berlinetta
Ferrari

Ferrari 812 'Competizione' confirmed – hardcore V12 berlinetta returns

Ferrari’s new limited-run berlinetta, the 812 Competizione, to follow in footsteps of the F12 TDF and 599 GTO
22 Apr 2021
Porsche 911 GT3 2021 review – has the 992-gen now peaked?
992 Porsche 911 GT3 front
Porsche 911 GT3

Porsche 911 GT3 2021 review – has the 992-gen now peaked?

Few cars have higher expectations than an all-new 911 GT3 and the new 992 hasn't disappointed, but we'll need more time with it on-road to get a true …
20 Apr 2021
All-electric Opel Manta GSe restomod revealed
Opel Manta GSe
Vauxhall

All-electric Opel Manta GSe restomod revealed

Opel Manta GSe resto-mod previews Vauxhall’s electric GSe performance sub-brand
20 Apr 2021