MV Agusta confirms that Artwork of Mobility S.A., an organization managed by the Sardarov household, will regain full management of the MV Agusta Group, formally marking its separation from KTM.
After a profitable yr for MV Agusta, the monetary state of affairs lately unfolded at PIERER Mobility AG might have considerably impacted the Schiranna model’s operations. This strategic settlement ensures that MV Agusta stays utterly uninvolved in KTM’s ongoing monetary restructuring course of, permitting the corporate to proceed its optimistic development path. Over the previous 18 months, MV Agusta has strengthened its monetary stability below a completely revitalised administration group. In 2024, the corporate offered 4,000 bikes, reaching an annual development price of 116% in comparison with 2023, with final yr’s complete gross sales already matched by July. 2024 additionally marked MV Agusta’s finest yr ever in components gross sales, with a 99% availability price protecting fashions produced as much as seven years in the past.
With this transfer, the corporate additionally goals to safeguard its valued community of suppliers and sellers, shielding them from any potential monetary disruptions, protecting them from being affected by KTM’s restructuring course of, reinforcing MV Agusta’s stability and dedication to its stakeholders.
As for MV Agusta’s world gross sales community, all 219 lively gross sales factors, together with 41 service factors, will proceed enterprise as typical, with the whole quantity anticipated to achieve 270 this yr. Moreover, 20 non-European importers are already a part of the distribution community. MV Agusta’s enterprise companions have performed an important function within the firm’s 2024 achievements, and they’ll proceed to be key contributors to the model’s future development.
The corporate has every thing in place to proceed its optimistic enlargement and to maintain delivering on its commitments. MV Agusta’s operations stay totally unbiased, with Varese proudly persevering with to function the central hub for all key actions, together with product growth, manufacturing, gross sales, advertising, and after-sales companies. The event of subsequent era of bikes is progressing as deliberate, paving the best way for a renewed, progressive, unique vary and as at all times centered on celebrating its well-known declare ‘Motorbike Artwork’.
Timur Sardarov – CEO of Artwork of Mobility S.A.: “This can be a second of delight for all of us at MV Agusta. Regaining full management of the corporate means we are actually stronger and extra centered than ever on delivering excellence. Over the previous two years, the corporate has considerably strengthened its processes, methods, and workforce. These structural modifications are the muse of the extraordinary outcomes achieved in 2024 and can proceed to drive our success within the years to come back. I’ve full confidence in our management group, whose imaginative and prescient, mixed with the dedication and professionalism of our renewed vendor community, will take MV Agusta to new heights. My dedication, and that of my household, is to be a significant pressure for the Varese group, the area, and all our companions.”
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