MV HOLDING: ACQUISITIONS AND INVESTMENTS
Varese, 18th December 2017 - MV Holding, the holding company owned by Giovanni Castiglioni and the Sardarov family has acquired the 25% of MV Agusta Motor S.p.A. shares held by the automotive conglomerate Mercedes AMG.
With the closing of the transaction, MV Holding owns 100% of MV Agusta Motor S.p.A., the iconic Italian producer of two-wheeled jewels.
MV Agusta completed an intensive restructuring process, both financially and strategically, led by a rationalization of its product pipeline and a consolidation of its positioning in the super premium segment of the market.
The turnaround that started at the beginning of 2016 shifted MV Agusta back to a positive result for the 2017 fiscal year thanks to the success of the new product range, first of all by the launch of the all-new Dragster 800 RR, the company has raised the order portfolio higher than its estimated production.
After having completed the 3 cylinders models range, consisting of supersport, naked and sport touring bikes, MV Agusta is concentrating its future investments on the development of an all-new 4 cylinder platform of which the first new innovative model will be launched during the year 2018.