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MV Agusta acquires 25% of Mercedes-AMG-held shares

MV Agusta acquires 25% of Mercedes-AMG-held shares

Snapshot: MV Agusta has also made an official statement that it has completed an intensive restructuring process, both strategically and financially, led by a rationalisation of its product line-up and a consolidation in the premium segment of the market.

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MV Holding, the company owned by Giovanni Castiglioni and the Sardarov family, has acquired about 25 percent of the shares of MV Agusta Motor, which was previously held by Mercedes-AMG. Now with the closing of the transaction, MV Holding fully owns MV Agusta, which is a popular Italian two-wheelers manufacturer.

Ownership of MV Agusta has been a costly game of musical chairs since the last decade. In the year 2004, a Malaysia-based corporation acquired the shares of the MV Agusta before it passed on to a Swiss financing company. Shortly after the company's Husqvarna sub-brand was purchased by BMW, the very popular Harley-Davidson acquired a certain stake in the company. MV Holding has now jumped on the board, after Mercedes-AMG, to own 100 percent of the shares of MV Agusta.

MV Agusta has also made an official statement that it has completed an intensive restructuring process, both strategically and financially, led by a rationalisation of its product line-up and a consolidation in the premium segment of the market. Currently, the company’s four-cylinder line-up comprises of the F4 and the Brutale and all of their variants. And now the owner feels that the two iconic motorcycles are ageing, especially after receiving tough competition from Yamaha, Ducati, Honda and others. As per the sources, the new four-cylinder platform will bear technologies learnt from Superbike World Championship 2017 and will breathe new life into the company's line-up.

After having completed the three-cylinders model range that consists of naked, Supersport and sport touring bikes, the Italian motorcycle-maker is giving out all its effort on the development of an all-new four-cylinder platform. It is expected that the first bike from the all-new four-cylinder platform will be launched in the year 2018.

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