Report

Tertre Rouge Assets - Revving up

Tertre Rouge Assets (TRA) is a shell company created to purchase physical assets and businesses related to the classic car market. The company is seeking to raise £50m to purchase six rare classic cars for £31.4m and a luxury auto events business for £4.6m. The company has assembled a first-class management team, which it believes provides Tertre with a particular advantage when sourcing car assets at the most attractive price. The classic car market has historically outperformed other traditional and ‘passion’ asset classes such as gold, equities, fine wine and luxury watches, providing greater diversification for investors. Tertre’s proposition enables investors access to an asset class with particularly high barriers to entry and limited liquidity.
Underlying
TERTRE ROUGE ASSETS PLC

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Kate Heseltine

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