Daimler reported to be inquiring about a minority stake in Italian bike brand MV Agusta
Reports surfaced earlier this week indicating that Daimler has approached Italian motorcycle firm MV Agusta about acquiring a minority stake in the company. Neither side has commented as yet but the combination of Italian design and German efficiency seems to be working wonders for Ducati.
Giovanni Castiglioni, President of MV Agusta, has suggested in the past that the company could go public on the Milan Stock Exchange by the end of 2015 but rumors are swirling that claim up to 30% of the company could be made available to the public even sooner than that. While an IPO could certainly be a shot in the arm for this small Varese manufacturer, the lack of volume sales, a spotty financial history and a limited – although expanding – dealer network makes that decision seem a bit premature. On the other hand, a cash infusion from a giant like Daimler would be an immediate boost for this storied marque.
As much fun as it is to speculate, we are looking forward to bringing you the facts as they are made available, so check in for an update shortly.
