Speculation grows that Dany Bahar seeking backers for buyout
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Speculation grows that Dany Bahar seeking backers for buyout
Speculation grows that Group Lotus chief executive Dany Bahar seeking backers for buy-out bid
January 29, 2012
The chief executive of Norfolk sports car company Lotus is thought to be looking for backers to help him buy the company from its Malaysian owners, it has been reported.
According to a report in The Sunday Times, Dany Bahar is believed to be seeking a partner to buy the company from the Norfolk car maker’s parent company Proton.
Speculation over the ownership of Lotus has intensified after DRB-Hicom, the Malaysian car distributor and importer owned by billionaire Syed Mokhtar Al-Bukhary, bought a controlling interest in Proton earlier this month.
DRB-Hicom secured a 42.7pc stake in Proton Holdings, which bought Group Lotus in 1986, when it agreed a £267m deal with Malaysia’s state-owned investment firm Khazanah Nasional.
Proton had backed an ambitious £200m turnaround for Hethel-based Lotus which aimed to transform the company from a specialist niche car campany into a profitable sports car brand, doubling production to about 7,000 models by 2014 and creating hundreds of new jobs.
As part of the vision, the company, which made a pre-tax loss of more than £20m last year, managed to secure £10m from the government’s regional growth fund (RGF) to create an engineering research centre at Hethel.
However, it was understood any major change in the Proton funding was likely to trigger a review of the government’s position.
It was understood DRB-Hicom would be conducting a review of the Lotus turnaround plans which was to include an assessment of the firm’s involvement in international motorsport, especially Formula One, where it has teamed up with Renault and signed former world champion Kimi Raikkonen as part of plans to promote the Lotus brand.
Mr Bahar may face competition for ownership of Lotus from Luxembourg-based Genii Capital which already owns the Lotus Formula One team.
Last year Lotus teamed up with Norwich City in a five year deal thought to be worth six figures to the Canaries and it also won support from Norfolk County Council in a multi-million pound loan plan to expand the Hethel Engineering Centre.
No-one at Lotus was available for comment.
Bron : eveningnews24.co.uk
January 29, 2012
The chief executive of Norfolk sports car company Lotus is thought to be looking for backers to help him buy the company from its Malaysian owners, it has been reported.
According to a report in The Sunday Times, Dany Bahar is believed to be seeking a partner to buy the company from the Norfolk car maker’s parent company Proton.
Speculation over the ownership of Lotus has intensified after DRB-Hicom, the Malaysian car distributor and importer owned by billionaire Syed Mokhtar Al-Bukhary, bought a controlling interest in Proton earlier this month.
DRB-Hicom secured a 42.7pc stake in Proton Holdings, which bought Group Lotus in 1986, when it agreed a £267m deal with Malaysia’s state-owned investment firm Khazanah Nasional.
Proton had backed an ambitious £200m turnaround for Hethel-based Lotus which aimed to transform the company from a specialist niche car campany into a profitable sports car brand, doubling production to about 7,000 models by 2014 and creating hundreds of new jobs.
As part of the vision, the company, which made a pre-tax loss of more than £20m last year, managed to secure £10m from the government’s regional growth fund (RGF) to create an engineering research centre at Hethel.
However, it was understood any major change in the Proton funding was likely to trigger a review of the government’s position.
It was understood DRB-Hicom would be conducting a review of the Lotus turnaround plans which was to include an assessment of the firm’s involvement in international motorsport, especially Formula One, where it has teamed up with Renault and signed former world champion Kimi Raikkonen as part of plans to promote the Lotus brand.
Mr Bahar may face competition for ownership of Lotus from Luxembourg-based Genii Capital which already owns the Lotus Formula One team.
Last year Lotus teamed up with Norwich City in a five year deal thought to be worth six figures to the Canaries and it also won support from Norfolk County Council in a multi-million pound loan plan to expand the Hethel Engineering Centre.
No-one at Lotus was available for comment.
Bron : eveningnews24.co.uk
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- Frederik
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Re: Speculation grows that Group Lotus chief executive Dany
We kunnen misschien samenleggen?
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Re: Speculation grows that Group Lotus chief executive Dany
Ja is goed.Frederik schreef:We kunnen misschien samenleggen?




- Frederik
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Re: Speculation grows that Group Lotus chief executive Dany
Heb wel gezegd 'samen'-leggen héX-ian schreef:Ja is goed.Frederik schreef:We kunnen misschien samenleggen?![]()
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Ik weet niet of ik aan 100 miljoen geraak... even mijn rekening checken...

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- X-ian
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Re: Speculation grows that Group Lotus chief executive Dany
Nou... ik denk dat we toch zo'n 300 miljoen bij mekaar moeten hebben...Frederik schreef:Heb wel gezegd 'samen'-leggen héX-ian schreef:Ja is goed.Frederik schreef:We kunnen misschien samenleggen?![]()
![]()
Ik weet niet of ik aan 100 miljoen geraak... even mijn rekening checken...



Als ik toch eens zoveel had... Ne mens mag dromen hè?
Ik vind het al heel bijzonder dat ik een Lotus heb!
- mindp0wer
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Re: Speculation grows that Dany Bahar seeking backers for bu
Eerst Proton zwaar geld uit de zakken kloppen voor de zeer twijfelachtige marketing campagne en dan als de zaken slecht gaan omdat je geen nieuwe wagens hebt, een buyout doen 


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Ayrton Senna
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Re: Speculation grows that Dany Bahar seeking backers for bu
Doet me denken aan de huidige generatie bankiers ...Eerst Proton zwaar geld uit de zakken kloppen voor de zeer twijfelachtige marketing campagne en dan als de zaken slecht gaan omdat je geen nieuwe wagens hebt, een buyout doen

- Laneratus
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Re: Speculation grows that Dany Bahar seeking backers for bu
Dat ze maar aan Genii verkopen dan. Lopez is tenminste een echte petrolhead (bezit oa een Miura, Countach en een ferm geoptimaliseerde Nissan Gtr). Of misschien gaat sluwe Dany wel in zee met Genii en blijft ie gewoon op zijn stoel zitten?
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Re: Speculation grows that Dany Bahar seeking backers for bu
Als Danny Lotus wil 'overnemen' zullen de nieuwe eigenaars van Proton een belangrijk deel van 'hun' ivestering in Lotus Cars terug willen ....
Ik vrees dat DBR-HICOM Lotus Engineering niet zal 'los' laten .
Ik vrees dat DBR-HICOM Lotus Engineering niet zal 'los' laten .
Lotus makes greencars ..... funcars!!