KTM Officially Becomes MV Agusta’s New Shareholder

In the happening world of the auto industry, today is no doubt one of the interesting ones. Why? Well, KTM, maker of some of the most rowdy bikes, has been officially announced as MV Agusta’s shareholder. 

KTM now holds 25.1 per cent of Agusta’s shares and the Italian marque has also increased its capital by 30 million euros, somewhere around Rs 254 crore. In addition to that, two members of KTM’s senior management team now occupy a place in the Board of Directors of MV Agusta.

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The Austrian marque is very popular and flaunts an extensive network of dealerships globally. This will help MV Agusta distribute more bikes in common markets, the first of which could cover North America and Mexico.

While there is little relation to how this development would affect the Indian market, but could it lead to MV Agusta’s re-entry into MotoGP? Well, we are sure a lot of people would be rooting for that. Head here to understand the investment better.