Caterham under new ownership
Caterham Cars has been acquired by Japan-headquartered automotive group, VT Holdings.
VT Holdings is one of Japan’s largest retailer groups with over 200 showrooms nationwide and investments in UK, Spain, Thailand and South Africa.
Caterham now joins a group led by chief executive, Kazuho Takahashi. He said: “VT Holdings is proud to welcome Caterham to the group. We have not only purchased a globally renowned performance car manufacturer but become custodians of a motoring legend. We will protect and develop the Seven to meet the legislative challenges that lie ahead.”
Graham MacDonald, chief executive of Caterham Cars, said: “Takahashi-san and the team truly understand the DNA of the Caterham brand, our heritage, our customers and our passions. As a team, we’re all excited about starting to write the next chapter for this very special brand.”