Morgan cars are now primarily owned by Investindustrial, an Italian investment firm. This significant change marked the end of the Morgan Motor Company's long-standing status as the last family-owned British carmaker.
A New Chapter for the Iconic British Marque
The transition of ownership was a pivotal moment for the British automotive industry. For generations, Morgan had been a symbol of bespoke craftsmanship and a unique legacy of family stewardship within the global car manufacturing landscape.
The Acquisition by Investindustrial
The announcement of Investindustrial's majority ownership takeover occurred at the prestigious Geneva Motor Show, a significant event where Morgan also unveiled its latest model, the Plus Six. The takeover was set to become effective in April following this announcement.
Here's a breakdown of the ownership transition:
| Ownership Aspect | Details |
|---|---|
| Current Majority Owner | Investindustrial (Italian investment firm) |
| Previous Status | Last family-owned British carmaker |
| Announcement Location | Geneva Motor Show |
| Effective Date | April (following the March announcement) |
This strategic acquisition by Investindustrial signals a new era for Morgan, aiming to combine its rich heritage with new investment and global opportunities while preserving its unique identity and commitment to handcrafted vehicles.
