Investindustrial to a acquire a majority stake in Morgan Motor.

Investindustrial agreed to a acquire a majority stake in majority stake in Morgan Motor Company, the iconic 110-year old British sports cars manufacturer. Terms of the transaction were not disclosed. “Morgan is one of the most famous names in the automotive world. Morgan’s handmade British sports cars are true icons of the industry. We have followed the company and seen its progress for some time and see significant potential for Morgan to develop internationally whilst retaining its hand-built heritage, which is at the heart of the Morgan Motor Company. We share with the Morgan family the belief that British engineering and brands are unique and have an important place in the world,” Andrea C. Bonomi, Investindustrial Chairman of the Industrial Advisory Board.