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MV Agusta regains full ownership as Pierer Mobility Group officially divests
Feb 01, 2025•over 1 year ago
Contract Type
partnership
Description
MV Agusta has officially split from its troubled motorcycle giant partner, Pierer Mobility AG. Art of Mobility S.A., owned by the Sardarov family, has regained full ownership of MV Agusta, marking the end of its partnership with KTM. The split comes after recent speculation surrounding KTM’s future with MV Agusta, particularly in the wake of financial difficulties at KTM’s parent company.
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Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months