Harley Davidson to buy MV Agusta

posted: Friday 06 June 2008 by Alison in: News MV Agusta Harley-Davidson

harley_mv_agusta

Harley Davidson could be considering the acquisition of MV Agusta, Claudio Castiglioni’s historical Italian brand. Negotiations are said to be at an advanced stage and are involving the credit banks of the Varese company - at the head is the Gruppo Intesa San Paolo at around 95 million euro.

The MV Agusta business amounts to about 200 million euro divided between banks (130 million) and suppliers (70 millions). According to newspaper Il Messagero, the agreement would see the Milwaukee company acquire the credit that the banks and suppliers pass to MV Agusta.

Harley-Davidson would acquire about 80-85 percent of MV Agusta capital, leaving Castiglioni the remaining 15-20 percent. Today Castiglioni holds 29.6 percent of MV Agusta while 65.4 percent is held by the financial group Gevi.

It seems that Castiglioni is coming the full circle, as owner of the previous Cagiva group, which in its heyday also included Ducati, Motomorini and Husqvarna, established that business in the former AMF-Harley Davidson Schiranna facilities.

Via | Thekneeslider.com

ADS
ADS
1 stelle2 stelle3 stelle4 stelle5 stelle (no votes)
share this 0 comments

Articoli simili

WSBK Offer for Schumacher del 18 Nov 2008
Lorenzo's Wall del 18 Nov 2008
Ducati is Cool del 17 Nov 2008

Related tags

ADS
ADS

Be the first to add a comment to this article.

Your email address is required but won't be displayed.
Leave a comment

Register tu reserve your nickname accross all the blogs in the Blogo network and to upload your avatar. If you already are registered, login to user your nickname.

Yes No

Comment preview

Close Motoring Lifestyle France Brazil