October 25, 2023
Dirck Edge
As reported earlier, KTM already has a 25.1% possession curiosity within the Italian Producer MV Agusta. KTM has plans in place to accumulate a majority curiosity in MV in Spring, 2026, as indicated within the brief press launch under.
We perceive that KTM (a part of the PIERER Mobility Group) has long-term plans for MV Agusta that embody a dramatic enhance in annual manufacturing (at present not way more than 1,000 items). It’s anticipated KTM will depart MV Agusta with its manufacturing plant in Varese, Italy, and proceed the model’s deal with ultra-premium bikes.
Right here is the announcement from PIERER/KTM:
KTM AG and MV Agusta agree name possibility on majority stake
In November 2022, KTM AG, a subsidiary of PIERER Mobility AG, by methods of a capital enhance acquired a 25.1% stake in MV Agusta Motor S.p.A., based mostly in Varese (Italy). As a part of this cooperation, KTM AG took over the provision chain and buying for MV Agusta in October 2023. As well as, MV Agusta’s product vary is distributed via PIERER Mobility’s worldwide gross sales community.
The decision possibility granted to KTM AG on the idea of the annual monetary statements as of December 31, 2025 to accumulate a majority stake in MV Agusta will likely be exercised in spring 2026.
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