← Russian European Acquisition Deals
Pininfarina S.p.A. has issued the following press release:
Negotiations announced last June between Lagardère SCA and Pininfarina S.p.A., regarding the purchase of Matra Automobile’s engineering, testing and prototyping businesses, have been favourably settled — GAZ's acquisition of LDV Group.
This acquisition, still subject to usual regulatory clearance, will strengthen Pininfarina’s world-wide leadership in automotive design, engineering and niche manufacturing. — TVR's corporate developments.