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Harley-Davidson acquires MV Agusta
Harley-Davidson has ended months of speculation about its intentions to make a strategic acquisition by confirming that it has bought Italian maker MV Agusta.
A statement on Harley's website says that "Under the agreement, Harley-Davidson will acquire 100 percent of MV Agusta Group shares for total consideration of approximately 70 million euros ($109 million), which includes the satisfaction of existing bank debt for approximately 45 million euros ($70 million)."
"In addition, the agreement provides for a contingent payment to Claudio Castiglioni in 2016, if certain financial targets are met. MV Agusta Group is privately held, with the Castiglioni family owning 95 percent of MVAG shares."
"The acquisition is expected to close in several weeks, pending the satisfaction of contingencies and receipt of regulatory approvals. Harley-Davidson intends to fund the transaction primarily through euro-denominated debt."
"MV Agusta Group has two families of motorcycles: a line of exclusive, premium, high-performance sport motorcycles sold under the MV Agusta brand; and a line of lightweight motorcycles sold under the Cagiva brand. MV Agusta's F4-R motorcycle, powered by a 1078cc in-line four-cylinder liquid cooled engine, is rated at 190 hp. The company sells its products through about 500 dealers worldwide, the vast majority of them in Europe. In 2007, MVAG shipped 5,819 motorcycles. During 2008 MVAG has significantly slowed production due to financial difficulties."
"Motorcycles are the heart, soul and passion of Harley-Davidson, Buell and MV Agusta," said Harley-Davidson, Inc. Chief Executive Officer Jim Ziemer. "Both have great products and close connections with incredibly devoted customers. The MV Agusta and Cagiva brands are well-known and highly regarded in Europe. They are synonymous with beautiful, premium, Italian performance motorcycles," Ziemer said.
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BPG got it first, but hey, if we have it in two locations, then twice the comments right? Besides, gives me something to do....
Belly Button, and by Belly Button I actually mean
984cc V-TWIN!!!
Rotax better step it up if they want a long term relationship with Buell.
I wonder if Buell and MV will help each other with development in the future. Much can be learned from each company and MV motor tec is light years ahead of H-D. I personally love the V-Twin for what I do but putting a 185hp high revving I4 or V4 motor in a Buell frame would be scary. Hopefully Buell could get some styling ques from them.
if buell goes to a 4banger, i'm sorry, but i'm gone. :o
I wonder what would happen if you took a V-Twin and mounted it next to another V-Twin?:p
Sounds like a wet dream...
Me too, in the street fighter bikes but for the hyperbikes like the 1125R I could see a V-4 helping win races. If you think about it the only thing keeping Buell off the world superbike stage is horsepower. I know that Rotax is making a new motor for the 1125 race bikes that is supposed to propel them to the SBK circuit with way more Hp but I think Eric will get impatient like Aprilla did if Rotax does not come threw. I have to do some reading but does MV make their own motors or are they outsourced?if buell goes to a 4banger, i'm sorry, but i'm gone.
V-4 = SV1000, RC51.......
bah, like i said...buell (xbs) becomes 4banger => moto morini (1200 veloce) here i come :oOriginally Posted by BPG
Hey LeFox, for the linguistically impaired, got a link where the site is in english?:p
Nvm, just pop over to www.motomorini.com and select english... Anyone think those Headlights look familiar?
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