Investindustrial to take over one of last remaining British-owned carmakers in April
Morgan Motor Company, one of the last remaining British-owned carmakers, is to be bought by an Italian investment firm.
The 110-year-old classic sports car firm, based in Malvern, Worcestershire, said it had sold a majority holding to Italy’s Investindustrial, which owns stakes in a broad range of auto brands, including Aston Martin and the motorbike maker Ducati.
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