Brandtree

Acquisition closed

Volkswagen Group acquires Bentley (1998)

Volkswagen Group completed the acquisition of Bentley on 28 July 1998 for £430 million.[1]

Volkswagen bought Rolls-Royce Motors for about £430 million, acquiring the Crewe factory and the Bentley marque. BMW separately secured the Rolls-Royce name and badge from the aero-engine company, so the winner of the auction did not get the brand it had bid for.

The two companies agreed a handover under which Volkswagen built Rolls-Royce cars until the end of 2002.

Deal facts

Announced
Closed
Value
£430 million (enterprise value)
Buyer
Volkswagen Group
Seller
Assets
Bentley
Regulatory review
None recorded

Ownership changes recorded from this deal

OwnerOwnedRelationshipStakeFromTo
Volkswagen GroupBentleyowns100%1998-07-28present

Who owns Bentley today?

Sources (1) & corrections

Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.

  1. [1] Volkswagen AG — company history and brands — Volkswagen AG, Annual report, published 28 July 1998; retrieved 8 September 2026.

Report a correction Opens a pre-filled GitHub issue. See our corrections policy.