All items with tags acquisition

Bimota goes into Swiss hands

published by Toni M.

After Ducati and Husqavarna, another Italian manufacturer has gone into the hands of a foreigner buyer, this time its the turn of Bimota.

The manufacturer whose name was based on its founders, Bianchi, Morri and Tamburini celebrates its 40th anniversary this year, and been bought by a Swiss group - the name of the company has yet to be revealed - and apparently the owner has a passion for motorcycles.

For the moment it seems that Bimota will remain in Italy (Rimini), with just fresh capital flowing into the company’s coffers, and that the marque will continue their longtime collaboration with Ducati and BMW for their engines.

Bimota went bankrupt in 2001 and was reborn in 2003.

Press release after the jump.

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New MV Agusta model on its way?

published by Alison

MV Agusta F4 600

We’ve had an anonymous tip regarding a prototype that’s been travelling around Italy’s Lake Maggiore. It seems that the subject of the rumour is a red MV Agusta prototype, number plated, and with a style that’s similar to the Cagiva Mito, but with one short exhaust under the engine (in Kawasaki ER-6 style). Apparently the sound can’t possibly indicate a 125cc.

It’s probably too early to get excited about anonymous tip-offs, but could we be talking the 600 road version of a year ago? At the time, a possible 675cc bike developed with Benelli was talked about, much like that of the Daytona 675 and Street Triple.

No news is available, though we’re hoping that Harley Davidson’s acquisition of MV Agusta will bear its first fruit before long and if this is a 600, fingers crossed for a bike developed at Varese. If anyone manages to see this bike around, let us know!

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Harley Davidson to buy MV Agusta

published by Alison

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

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