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Allied Domecq’s former general counsel Len Quaranto has reappeared as the legal chief of the new Kuwaiti co-owners of Aston Martin.
Quaranto is moving to Kuwait to head the group legal function of EFAD Holding, whose subsidiaries Adeem Investment and Investment Dar, along with Formula 1 racing boss David Richards, acquired Aston Martin from Ford for £479m on 12 March.
As well as Investment Dar and Adeem, there are 14 other subsidiaries that will report to Quaranto on legal matters.
Quaranto’s priority will be building up the in-house legal team from its current headcount of four, although details about team size and legal spend have yet to be finalised.
Quaranto was made redundant following Pernod Ricard’s takeover of Allied Domecq in 2005. EFAD will be the first privately owned company that Quaranto has worked for.
“There’s less scrutiny and regulatory burden at a private company, but I’ll have to work with two controlling families,” he said. “My role as consigliere will be as important as my role as head of legal affairs.”