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Aston Martin

Aston Martin is a British car manufacturer. Founded in 1913 as a car dealership under the name Bamford & Martin, it began building cars and changed its name to Aston Martin Ltd in 1926. Following the merger with Lagonda, in 1959 it took the name of Aston Martin Lagonda Limited.

The company, not large in size, but elite in the panorama of prestige sports cars, still today produces Gran Turismos made with artisanal care.

On 31 January 2020, Canadian tycoon Lawrence Stroll purchased 25% of the English company for 182 million pounds, at the head of a consortium of entrepreneurs. The restructuring includes a cash flow of £318 million through a new rights issue, generating a total of £500 million for the company. Stroll will replace Penny Hughes as president.

Also part of the consortium are the Swiss pharmaceutical magnate Ernesto Bertarelli and the top management of Mercedes-AMG Petronas Motorsport with CEO Toto Wolff, with 3.4% and 4.8% of the shares respectively. In May 2020 Tobias Moers (Mercedes-AMG) replaces Andy Palmer as CEO, in June 2020 the company cuts 500 jobs due to poor sales due to the COVID-19 pandemic lockdown, in October 2020 the fund Bonomi's Investindustrial definitively exits Aston Martin by selling its last residual share of 4.12%.

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