BERLIN — Switzerland’s Quantum Group stated its bid for Volkswagen Group’s Lamborghini division might flip the sports-car model right into a “spearhead of innovation” in expertise and clear vitality.

The newly-established investor stated on Wednesday its proposed acquisition “would ship engaging worth to all shareholders and … would clearly be a key strategic profit to the broader Volkswagen Group.”

VW stated on Tuesday that Lamborghini was not on the market, in response to a report that Quantum Group had, along with London-based Centricus Asset Administration, bid 7.5 billion euros ($9.2 billion) to purchase Lamborghini.

Quantum Group founding accomplice Rea Stark can be co-founder of Piech Automobile with Toni Piech, the son of former Volkswagen Chairman Ferdinand Piech, in keeping with its web site.

In an announcement, Quantum Group stated it wished to create a luxurious multibrand platform, with Lamborghini “on the coronary heart of the imaginative and prescient to additional develop manufacturers right into a sustainable future.”

“The intention of the at present legitimate bid is to remodel and strengthen the Lamborghini model,” Quantum Group stated. “By persistently implementing new clear powertrain applied sciences and a groundbreaking consumer expertise, Lamborghini would turn into a spearhead of innovation – in step with the long run wants of shoppers,” it stated.