Chinese investors after several months of constant attempts still got hold of Saab. To purchase the assets of the Swedish automaker interested party had to create a separate company. Thus, buyers from the Middle Kingdom is not entirely covered themselves in tune with the brand National Electric Vehicle Sweden AB, specializing in the production of electric vehicles. Details of the deal the parties prefer to keep secret.
A little-known Swedish company which is engaged in production of electric cars on quite suddenly become the owner of Saab, the victim's distress at the end of last year. Nevertheless, called «National Electric Vehicle Sweden AB» Swedish association is not entirely appropriate. If you believe the information of the American newspaper «The Wall Street Journal», shares of newly-allocated as follows: a majority (51%) belongs to the Chinese corporation engaged in the field of alternative energy. Another 49% «National Electric Vehicle Sweden AB» are at the disposal of Japanese investment fund.
Recall that in December, the Chinese company Zhejiang Youngman Lotus Automobile last request sent to the Swedish side. Then a potential investor did, it would seem, an offer that is simply impossible to refuse. The company, which stands on the brink, like buy a $ 730 million.
However, the Chinese are willing to revive rather than to buy Saab. Was drawn up a detailed plan to rescue the Swedish automaker. Moreover, at the expense of Saab, according to insider information, did the first tranche in the amount of five million dollars. It was planned that the sum of the Swedes to help deal with the arrears of salaries.
Soon, however, Saab, after lengthy negotiations with the company Zhejiang Youngman Lotus Automobile, filed for bankruptcy in the proper district court of Swedish Vanersborga, thereby hinting at the futility of any attempt to outside investors to revive the brand.
The reason for stopping the negotiations and the rejection of a plan to rescue the Saab Group served as the intervention of General Motors. The fact is that the Swedes are still used some of GM technology in the production process, and the Americans, in turn, expressed his unwillingness to share with anyone.
Official information regarding the value of the transaction was not made public. If you believe the Swedish media, we are talking about 250-300 million dollars.
It is noteworthy that a deal to revive the legendary brand has occurred on the day of the 65th anniversary of the release of the first car brand Saab.