UK firm Charge Holdings are further building on their strategic goal of creating a multi-brand, low-volume integrated automotive group by agreeing a strategic phased merger framework with TVR, and reviving the legendary Blackpool firm's V8 powered Griffith sportscar.
The new generation Griffith, developed and engineered by Gordon Murray and Cosworth, was first unveiled at the 2017 Goodwood Festival of Speed, but following a series of misfires by former video games developer Les Edgar, whose consortium bought the firm in 2013 following a
disastrous 9 year stewardship by Russian businessboy Nikolai Smolenski, the car is yet to hit the road.
The deal, which will initially see Charge Holdings board members joining TVR’s board, with new share capital issued to Charge Holdings, will be followed by the purchase of existing shares from current TVR shareholders.
The boutique sports car brand will become a subsidiary of Charge Holdings, enabling both companies to share expertise, resources, and intellectual property.
The partnership aims to unite heritage and innovation, with TVR continuing the V8 powered Griffith sports car launch while preparing for future expansion into new technologies.
This move reflects Charge Holdings’ broader strategy of acquiring and restructuring niche automotive brands. Earlier in 2025, they confirmed plans for strategic brand acquisitions and completed the purchase of paint specialists LAB364, reinforcing their ambition to build a luxury automotive and advanced manufacturing group.
Potential investors can contact the firm here:
invest@charge.holdings
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