Cars in India | Autoportal.com

MV Agusta/Mercedes-AMG deal not yet confirmed!!

MV Agusta/Mercedes-AMG deal not yet confirmed!!

Snapshot:

- Comments    |    Write Comment

As a classic case of ‘Definitely, May be’, the rumour mill surrounding the MV Agusta and Mercedes – AMG deal just keeps on hitting its high. There have been strong rumours, but rumours never the less that MV Agusta will announce at EICMA that Mercedes-Benz will become a minority shareholder in the Italian motorcycle company.

However, Giovanni Castiglioni, the young boss of MV Agusta said the deal hasn’t been completed yet. Speaking to reporters during the launch of the Dragster RR and the Brutale 800 RR, Castiglioni said “if it happens, I would be the manager of the year; you can imagine it is a big deal for a small company, family owned, to sell a minority share to a huge company like Mercedes.”

Meanwhile it has been reported that Mercedes-AMG would take a 25% stake in MV Agusta, for roughly €30 million, while, the deal could be signed as early as next week, in time for the EICMA show.

If true, this would put MV Agusta’s valuation at roughly €120 million, close to a tenth of what Audi AG valued Ducati Motor Holding when it acquired the Bolognese company back in 2012.

Judging on the expected growth and current volume of MV Agusta, Mercedes-AMG seems to be getting a pretty good deal on the iconic Italian brand. Time will tell though if the deal comes together.

WSBK Homologation MV Agusta, have a look!!!

The EPIC 140hp Brutale, MV Agusta heard your prayers!!!

Related car news

  • New Maruti Suzuki Swift already has 6-8 weeks waiting 22-01-2018 Davender Soni New Maruti Suzuki Swift already has 6-8 weeks waiting
  • Nissan India Introduce F1 Service Solution 22-01-2018 Mayank Gupta Nissan India Introduce F1 Service Solution
  • Renault India recalls Kwid 800cc Hatchback 22-01-2018 Autoportal Team Renault India recalls Kwid 800cc Hatchback
  • Renault India’s 4-day long Service Camp Starts Pan-India 22-01-2018 Autoportal Team Renault India’s 4-day long Service Camp Starts Pan-India
  • Official: Range Rover Velar Goes on Sale at Rs. 78.83 Lakhs 20-01-2018 Mayank Gupta Official: Range Rover Velar Goes on Sale at Rs. 78.83 Lakhs
  • Tata Motors Introduce 'IMPACT DESIGN 2.0' Design Language 20-01-2018 Mayank Gupta Tata Motors Introduce 'IMPACT DESIGN 2.0' Design Language
Helpline