Pierer Mobility acquires stake in MV Agusta

WELS, Austria - Pierer Mobility AG expanded its motorcycle activities last September when its subsidiary KTM AG took over MV Agusta Motor SpA's exclusive motorcycle distribution in North America. The cooperation between the two European motorcycle and e-bike suppliers is being strategically intensified again, with KTM AG also taking a 25.1% stake in MV Agusta.
MV Agusta’s ‘young’ e-bike business is not affected by this new partnership. – Photo MV Agusta