Bajaj Brand Will Soon Owner Of Mattighofen

KTM has been quick to respond to speculation that the Indian Bajaj brand will soon be the owner of Mattighofen. An operation that would have resulted after taking a majority stake in the company, which was requested by the Austrians them selves.

Stefan Pierer and Rudolf Knünz are on the frontlines to mean that if, on 26February, an extraordinary general meeting of the shield will actually beheld, the agenda will be to discuss with the shareholders of a capital increase from 30 to 40 million. But at no time, this approach, for once prematurely revealed, will aim to challenge the organization of the company.

KTM took the opportunity to remember that after a year in September 2008 – August 2009 the most difficult in its history, the first four months of the new vintage rhyme with benefits since it is 3.6 million euros was made available on a volume of case of 110.7 million. Despite a drop in sales of15%, demonstrating, according to the brand, the benefits of restructuring begun last summer.

 

 

 

 

 

 

 

 

 

Certainly, neither side has confirmed the approach, but in circles called authorized, the focus not only on the merits of the approach but also about the fact that, already, the Indians have started the process to take 21%share in addition to the manufacturer of motorcycles in orange, which would make them the majority at 51%.

 

After Tata has offered Jaguar in “caisseux,” is another brand came fr
om India in a position to gain a foothold in a market prestigious motorcycle. In this case the machines over 500cc. A sign of the times. 


 

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Posted by on November 16, 2011. Filed under Bajaj, KTM. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

One Response to Bajaj Brand Will Soon Owner Of Mattighofen

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