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Montevideo, January 31st 2023 - 09:32 UTC

Tag: Italian investor

  • Wednesday, March 6th 2019 - 08:15 UTC

    Icon of British sports car engineering to be sold to Italian investor

    The announcement came as the company unveiled its latest Morgan Plus Six at the Geneva motor show

    British sports car maker Morgan is to be sold to an Italian venture capitalist firm. InvestIndustrial will take a majority stake for an undisclosed amount. The Morgan family, which has owned the company for 110 years, will retain a minority shareholding, with the management team and staff also keeping a share of the business.