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Aug 24th, 2023
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Joined: Nov 2011
Posts: 7,068 Likes: 21
Talk Morgan Guru
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Talk Morgan Guru
Joined: Nov 2011
Posts: 7,068 Likes: 21 |
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business. That's terrible...... 
A Morgan Identified Fastidious Owner...
2011 4/4 Bespoke, 1981 Delorean, Auburn Boat Tail
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Joined: Dec 2008
Posts: 21,871 Likes: 168
Roadster Guru Member of the Inner Circle
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Roadster Guru Member of the Inner Circle
Joined: Dec 2008
Posts: 21,871 Likes: 168 |
I wonder if the family have kept the freehold? It might be that the land was bought back on the strength of the forthcoming company sale, and the rent/lease would then continue to deliver some income. https://www.morgan-motor.co.uk/morgan-motor-company-re-acquires-malvern-home-land-acquisition-deal/
DaveW
'05 Red Roadster S1
'16 Yellow (Not the only) Narrow AR GDI Plus 4
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Joined: Aug 2015
Posts: 321
Learner Plates Off!
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Learner Plates Off!
Joined: Aug 2015
Posts: 321 |
Interesting thought. I would have thought that the land would have been vested in the business and therefore would comprise part of the assets of the company and which the new majority owner now effectively controls.
3.7 Roadster
Porsche 964 C2
JCW Mini Cooper S Cab
BMW F750GS
+4 4 1995-2002 / LM 62 +8 2002-07
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Joined: Oct 2012
Posts: 2,776 Likes: 59
Talk Morgan Expert
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Talk Morgan Expert
Joined: Oct 2012
Posts: 2,776 Likes: 59 |
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business. Mama Mia...here we go again
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Joined: Sep 2009
Posts: 7,342 Likes: 91
Talk Morgan Guru
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Talk Morgan Guru
Joined: Sep 2009
Posts: 7,342 Likes: 91 |
I follow this discussion with interest and a little melancholy. I too would have been the third generation of a family-run company. In the best times there were 100 employees. But I had to make a different decision for very personal reasons.
Back to Morgan. I can understand everything very well. Above all, the very large investments that have to be made in order to continue to build cars in the future that a) can be registered and b) meet the expectations of a new generation.
There is only one thought that I, as an outsider, would like to express very amateurishly. If the money had voted for the Morgan family, it might have been a safer investment if BMW had appeared. The BMW brand would look after and manage a great old English brand. In addition, although financially in a different league, BMW is still family-run. It would have been a more stable marriage in the medium and long term.
And there is a common history between BMW and the UK in the form of the Frazer Nash, a BMW 328. That would be much more authentic than VW's stupid stake in Lamgorghini...
'14 4/4 graphite grey
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Joined: Dec 2009
Posts: 975 Likes: 20
Talk Morgan Regular
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Talk Morgan Regular
Joined: Dec 2009
Posts: 975 Likes: 20 |
One by one Morgan looses its romantic and idiosyncretic aspects, we trade in wood for alluminium, flex chassis for a rigid one, atmoshoeric for turbo, 8 becomes 6 becomes 4, uk for Italy, where does this end?
Cheers,
Bert
2025 Plus Six - 1909
2009 Roadster
1983 4/4 4str
Board member Morgan Sports Car Club Holland ('21)
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business. Mama Mia...here we go again Not the first time we've had a fusilli puns on TM.
Giles. Mogless in Paris.
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Joined: Aug 2008
Posts: 2,515
Talk Morgan Expert
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Talk Morgan Expert
Joined: Aug 2008
Posts: 2,515 |
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business. Mama Mia...here we go again Not the first time we've had a fusilli puns on TM. The penne is mightier than the sword.
1972 4/4 2 Seater
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Joined: Sep 2011
Posts: 14,723 Likes: 149
Member of the Inner Circle
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Member of the Inner Circle
Joined: Sep 2011
Posts: 14,723 Likes: 149 |
Although the Morgan family have decided to pasta control to Investindustrial, they are keeping a pizza the business. Mama Mia...here we go again Not the first time we've had a fusilli puns on TM. The penne is mightier than the sword. I think it is the sauce of the funds that has worried people,but don't gnocchi it.
Peter ![[Linked Image]](http://bradley.it/public_images/drive.jpg)
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Joined: Apr 2011
Posts: 8,646
Needs to Get Out More!
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Needs to Get Out More!
Joined: Apr 2011
Posts: 8,646 |
Not the first time we've had a fusilli puns on TM.
The penne is mightier than the sword. I think it is the sauce of the funds that has worried people,but don't gnocchi it. We cannoli hope it all works out OK
Giles. Mogless in Paris.
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