KTM Acquires Majority Management of MV Agusta « MotorcycleDaily.com – Bike Information, Editorials, Product Opinions and Bike Opinions

Already proudly owning 25.1% of MV Agusta Motor S.p.A., KTM AG has now exercised an choice to amass sufficient further shares to take majority management (50.1%) of MV.

Right here is the press launch issued by the mother or father firm PIERER Mobility AG:

Name choice to amass majority stake in MV Agusta Motor S.p.A. to 50.1% exercised prematurely

KTM is taking on industrial management

Website growth and capability enhance deliberate in Varese

Name choice to amass majority stake in MV Agusta Motor S.p.A. to 50.1% exercised prematurely

In November 2022, KTM AG, a subsidiary of PIERER Mobility AG, acquired 25.1% of MV Agusta Motor S.p.A., based mostly in Varese (Italy), as a part of a capital enhance. As a part of this cooperation, KTM AG took over the availability chain and buying of MV Agusta in October 2023. As well as, MV Agusta’s product vary can be distributed partially through PIERER Mobility’s world gross sales community. The decision choice granted to KTM AG on the premise of the annual monetary statements as of December 31, 2025 to amass a majority stake in MV Agusta Motor S.p.A.will now be exercised prematurely. The acquisition worth for the remaining 25% of the shares was calculated in accordance with the beforehand agreed valuation technique (EBITDA a number of). Which means that KTM AG will take over the bulk and in addition the economic administration of MV Agusta Motor S.p.A. Within the medium time period, an annual manufacturing quantity of greater than 10,000 MV Agusta premium bikes is deliberate on the website in Varese.

New CEO place crammed by Hubert Trunkenpolz

With the early takeover of the bulk and as a dedication to the situation and duty for the workers, Hubert Trunkenpolz, member of the manager board of PIERER Mobility AG, is taking on the function of CEO and Chairman of the board of administrators from Timur Sardarov, who will proceed to be out there to the corporate as Vice-Chairman, model ambassador and guide.

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