The consortium which has taken control of Aston Martin hopes that it can further develop the growth of an "iconic brand".
Having been part of the Ford Motor Company for the last 20 years, Aston Martin has been sold to a consortium led by Dave Richards and John Sinders of Investment Dar and Adeem Investment.
With Aston Martin having experienced significant growth in the last six years, Ulrich Bez, a spokesperson for one of the consortium groups, said he would be "working with the new owners to build on this great foundation".
He added: "It is a new beginning which will give the company the opportunity to attain an even higher level of excellence."
Aston Martin, which was formed in 1914, will continue to be based at a production facility in Gaydon, Warwickshire.
The news coincides with the imminent roll-out of a DBS model, with the V8 Vantage, DB9, DB9 Volante, Vanquish S and V8 Vantage Roadster already on the production line.