Morgan Motor Company Re-Acquires Malvern Home With Land Acquisition Deal
June 13, 2017 by Morgan Motor Company![Morgan Motor Company Re-Acquires Malvern Home With Land Acquisition Deal](images/articleimages/morgan-malvern-home-land-2017-01-400.jpg)
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The inclusion of the Morgan Visitor Centre in the land purchase secures the future of this destination as a popular tourist attraction, which has welcomed over 30,000 visitors a year since the official opening by HRH Princess Anne in 2009. Steve Morris, Managing Director, said: 'The positivity felt by all Morgan staff is stronger than ever. To now own the land where we create our range of cars is something truly special and the news was welcomed with delight by the whole workforce. Morgan Motor Cars is enjoying a business turnaround under the guidance of the new management team and I look forward to fulfilling all of Morgan's exciting plans in the future. I'd like to thank Stirling Investments for their assistance during the 11 years of land ownership and also to Gowling WLG and HSBC for guiding us throughout the acquisition process.' Dominic Riley, Chairman Morgan Motor Company, said: 'Buying back the land that is the real home of Morgan is an investment for the future of the company, an investment in the future of the factory and a significant moment for everyone that's been working so hard at Morgan over the years. We are stronger than ever with record revenue growth, increased employment, a clear vision for the future and strong demand for product from customers around the globe.'
posted on conceptcarz.com
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