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TVR Sold.....??

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Old 27 July 2004, 03:04 PM
  #1  
RoShamBo
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Default TVR Sold.....??

Strong rumours are emerging today that TVR have come to a deal with a Russian investor.

Details are very patchy, with emails flying around the internet suggesting that the Blackpool company has secured a buyer and that details will be made public later today.

Latest statement from TVR:

We can confirm that a 100% shareholding in UK car-maker TVR has been purchased today. The new owner is Nikolai Smolenski.

Plans for the future are to continue trading, invest heavily in new technology and production methods, and hence enhance the TVR brand to become a global player.

There will be no large-scale restructuring and new managerial appointments will be made in due course. Peter Wheeler, previous owner, will remain on board as a senior consultant.

Ro.
Old 27 July 2004, 03:12 PM
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Markys 2
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Angry

Originally Posted by RoShamBo
Strong rumours are emerging today that TVR have come to a deal with a Russian investor.

Details are very patchy, with emails flying around the internet suggesting that the Blackpool company has secured a buyer and that details will be made public later today.

Latest statement from TVR:

We can confirm that a 100% shareholding in UK car-maker TVR has been purchased today. The new owner is Nikolai Smolenski.

Plans for the future are to continue trading, invest heavily in new technology and production methods, and hence enhance the TVR brand to become a global player.

There will be no large-scale restructuring and new managerial appointments will be made in due course. Peter Wheeler, previous owner, will remain on board as a senior consultant.

Ro.
Yes has been sold, confirmation is on the TVR web site, have to call my Cerby a TVRoski from now on.
Old 27 July 2004, 03:16 PM
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Harry_Boy
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Due for nationalisation by Putin shortly then....
Old 27 July 2004, 03:25 PM
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STi wanna Subaru
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Cool!! Will they start loaning out cars soon and paying 95% of the finance owed??
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