Pexco Co-Owner KTM Industries AG Renamed Pierer Mobility AG

MATTIGHOFEN, Austria – The name change to Pierer Mobility could end the confusion between the companies KTM Industries AG and KTM Fahrrad GmbH. The Executive Board of KTM Industries AG recently proposed to rename itself Pierer Mobility AG. The Austrians apparently no longer want a similar brand and company name. An Extraordinary General Meeting this autumn will decide about the name change.