Tag: Moet Hennessy

Louis Vuitton buys Aston Martin

Tags: Aston Martin + LVMH + Moet Hennessy + Louis Vuitton

pamy
Posted by pamy 2 years 9 months ago

Aston Martin is being bought by LVMH Moet Hennessy Louis Vuitton SA, the most high-profile luxury goods consortium in the world, joining the 60-or-so other brands that already make up the group. Aston Martin will be the first luxury car brand in LVMH's portfolio and it is the first to be run by a lifestyle/luxury goods group. The sale price wasn't revealed, but Aston Martin was reportedly valued at as much as $1.2 billion last December. Ford Motor Company, which put Aston Martin up for sale to begin with, is said to be retaining 15% interest.

5 Votes | 2 Comments | 1 Image

Buyers eye up Aston Martin

Tags: Aston Martin + Bernard Arnault + LVMH + Louis Vuitton + Moet Hennessy + Albert Frere

Fangio
Posted by Fangio 3 years 1 month ago; via verdictoncars.com

Two of Europe's richest men are considering a bid for Aston Martin.

According to the Financial Times, Bernard Arnault, who controls LVMH (Louis Vuitton, Moet Hennessy) and Albert Frere, probably Belgium's most successful businessman, are said to be thinking about a 1 billion bid - little more than small change as far as they are concerned. Rather than the cost, the big question for them is likely to be how they can make any money out of Aston Martin, once is it unplugged from the Ford support system. Aston Martin saves a fortune by being...

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