di.se report that Victor is back on stage:
As an advisor to the Turkish Brightwell Holdings, one of the stakeholders to buy Saab, Victor Muller once again has an important role in Saab’s survival.
“I know Victor Muller well and it is difficult to stop his enthusiasm for the brand. We get much help from him,” said Ahmed Zamier, a director and shareholder of Brightwell Holdings, writes Dagens Industri.
The Turkish company claims to have funding in part by oil interests in the Middle East and also the full support of the Turkish state. On Wednesday, representatives of Brightwell Holdings are coming to Sweden for several days of meetings with Saab Automobile’s bankruptcy trustee. The goal is to make a bid for the company.
“Our plan is to start production as soon as possible with as many models as possible,” said Ahmed Zamier to Dagens Industri.
Saab’s suppliers have responded Brightwell Holdings’ interest with great skepticism.
I yet have to see a proof for the great skepticism of the suppliers towards Brightwell. In the end, there are not too much infos about their bid due to the confidentially agreement so it will be hard to judge for those outside the inner circle. And I can imagine that the suppliers would be happy with anyone who has a proper plan and the financial ressources to bring Saab back on its feet.
I like the quote about getting started again as soon as possible with as many models as possible. I feel like Youngmans statements giving definete amounts of weeks until production can start may fuel over-optimistic hopes. For any buyer restarting Saab is a huge task, financially as well as in terms of organization. Staying a bit more vague may be more honest in my view.
Victors involvement will of course polarize a lot. Regardless of what you think about his leadership he is of course one of those who know a lot about the company and can help a potential buyer getting the right bid into place.
Generally spoken it is of course good to see that talks with potential suitors are ongoing. This means things are moving and that the vague timeline to get a deal done until the beginning of March is realistic.