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EQS-News: PIERER Mobility AG
/ Key word(s): Strategic Company Decision
Corporate News ©MV Agusta
Wels, October 25, 2023
KTM AG and MV Agusta agree call option on majority stake
Intensification of the joint venture with CFMOTO
About MV Agusta S.p.A: MV Agusta is one of the world's leading manufacturers of premium motorcycles. Based in Varese, northern Italy, the company manufactures legendary racetrack-derived motorcycles. Iconic design and first-class performance thanks to cutting-edge technology and state-of-the-art materials make MV Agusta motorcycles highly regarded around the world and celebrated as unique style icons of motorcycle art. Since 1945, the brand has become an integral part of the industry, winning 37 world championship titles. A record that is still unchallenged.
About CFMOTO: Founded in 1989, ZHEJIANG CFMOTO POWER CO., LTD. has been engaged in developing, manufacturing, marketing and delivering reliable motorcycles, off-road vehicles and e-mobility with innovative V2X, engines, frames, parts, apparels and accessories, which are distributed through more than 3,000 dealers worldwide.
About the PIERER Mobility Group: PIERER Mobility AG is the holding company of Europe’s leading manufacturer of powered two-wheelers, producing a full range of premium brands including KTM, GASGAS and Husqvarna Motorcycles. With key strengths in innovation, PIERER Mobility is a pioneering technology leader in two-wheeled e-mobility through its motorcycle brands. Its Husqvarna E-Bicycles, GASGAS Bicycles and FELT Bicycles complement the two-wheeler segment. Rounding out the premium brand offering are high-performance components produced under the WP brand and KTM X-BOW high-end sports cars.
Contact: Investor Relations Melinda Busáné Bellér Tel: +43 (0) 1 533 1 433 - 70 Email: ir@pierermobility.com Website: www.pierermobility.com
ISIN: AT0000KTMI02; Swiss Valor Number (Schweiz): 41860974; Ticker Symbol: PKTM; Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S; PKTM.VI
25.10.2023 CET/CEST This Corporate News was distributed by EQS Group AG. www.eqs.com |
| Language: | English |
| Company: | PIERER Mobility AG |
| Edisonstrasse 1 | |
| 4600 Wels | |
| Austria | |
| Phone: | +43 (0) 7242 69 402 |
| E-mail: | ir@pierermobility.com |
| Internet: | www.pierermobility.com |
| ISIN: | AT0000KTMI02 |
| WKN: | A2JKHY |
| Listed: | SIX, Vienna Stock Exchange |
| EQS News ID: | 1756447 |
| Valorennummer (Schweiz): 41860974 Wertpapierkürzel: PKTM Bloomberg: PKTM SW; PKTM AV Reuters: PKTM.S; PKTM.VI |
| End of News | EQS News Service |
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1756447 25.10.2023 CET/CEST
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