GWJamaica

Mexican private investor Tresalia Capital, who has held a minority stake in Artega since October 2008 and is represented in Germany by AB 15/08 Vermögensverwaltungs GmbH, now takes over 100% of the shares in Artega. The present majority shareholder and managing director Klaus Dieter Frers will resign and concentrate on his tasks as CEO of paragon AG. A new Artega advisory board will be set up and chaired by Dr.-Ing. Wolfgang Ziebart. For the time being he will also act as managing director of Artega.

In 2006, Frers founded Artega Automobil GmbH & Co. KG for developing and producing the new German sports car Artega GT. Danish designer Henrik Fisker, who inter alia was responsible for the BMW Z8 and the Aston Martin Vantage, designed the car body. The result was a two-door coupe with an aluminium support structure, a carbon fibre reinforced body shell and a v6 engine which due to its good power-to-weight ratio combines high performance with low fuel consumption. The car will be manufactured, according to Frers’ concept, in a plant in Delbrück, Westphalia, which was built exclusively for this purpose.

In September 2008, Frers won AB 15/08 Vermögensverwaltungs GmbH from Kriftel near Frankfurt as partner for Artega. Artega is part of the Mexican investor Tresalia Capital, which is one of the major shareholders in the Mexican Modelo brewery (brand name “Corona”). Tresalia Capital is also invested in other lifestyle businesses, like the fashion chain Tory Burch, which are now complemented by Artega. AB 15/08 Vermögensverwaltungs GmbH, so far holding a 48% voting stake in Artega, now takes over the 52% stake of Klaus Dieter Frers.
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