MILAN, Italy (31 March) - Rumours have been going around for some time that Aprilia was short on cash. Now officially, the company has announced to secure new capital for its development. Aprilia S.p.A. in Noale (Venetia region) is the second-largest European manufacturer of ptw's under their brands Aprilia, Moto Guzzi and Laverda. The majority of the company's shares are owned by the company president, Mr. Ivano Beggio and his family. Aprilia have engaged financial advisers Mrs. Carettii Associati ad Interbanca to attract new investment capital. Mr. Franco Cattaneo has been appointed as Aprilia's new CEO.(GE)
by
Bike Europe
14 Apr 2004
last update:21 Mar 2006