KTM/Husqvarna... now how will this play out?

Maybe I'll stop by tomorrow Bill.

Yes, the Malcolm Smith, still gets around for an old guy haha. His son Alexander looks just like him when he was young, like a clone, amazing. He is a very humble, nice guy who will drop whatever he is doing to help you. They both love Husqvarna, that's something that isn't going to change.

Hey, I ordered from Bills today! Got myself one of dem shiney gas cap thing a mabobbers!

After reading 16 pages here and another on a proktm site.. all l can say is that l've never trusted the BMW marriage since day one and this just confirms how quick they are to sell out an acquired brand. Yes yes this happens all the time in the automotive industry but pretty rare in the motorcycle industry - although anything made in italy seems to be acquired pretty quickly (ducati, mv, husky...)

I really hope Stefan Pierer and his company take over Husqvarna for he has a fantastic background in the dirtbike industry and probably the only time in husqvarna's history that an owner from dirtbike roots will once again control this marquee....looks like he has lost control of where KTM/Husaberg are going...why not cross town to the opposition.

PS Stefan: FFS use japanese electronics rather than italian crap!!

This thread is slowly running out of puff, i've just been in the garage doing a front and rear tyre change on my KTVARNABERGMW 449 and there's only been 12 posts In an hour and a half!!

Just more stuff I found on the web ... Maybe someone can read that Nieuwsmotor.nl link and translate it ...

Update: Nieuwsmotor.nl reports that the deal has been finalized, not between BMW and KTM, but with the Austrian company’s CEO, Stefan Pierer instead. That changes everything.


http://hellforleathermagazine.com/2013/01/ktm-acquiring-husqvarna/

That article is the same as posted earlier here. They say it's official, but I haven't seen any confirmation.

I'll be rolling my Husky somewhere and lining up some beer bottle across its seat when its official ...

Me tooooooooooooooooooooo

Supposedly Cross Industries will hold a press conference this afternoon.

Sounding good .... I'm gonna go a buy a bottle now ... These INT time lins are still unknown to me at times ...

Might be good opportunity to buy stock and sit on it for 5 years.

What stock?

Here's the official press release by BMW

Sale of Husqvarna Motorcycles to Pierer Industrie AG

Munich. The BMW Group is realigning its BMW Motorrad business. In the context of changing motorcycle markets, demographic trends and increasing environmental demands, BMW Motorrad will expand its product offering to exploit future growth potential. The focus of the realignment will be on urban mobility and e-mobility. By restructuring the segment, the BMW Group will concentrate on expanding and utilising the resources of the BMW Motorrad brand. Therefore the BMW Group signed a purchase agreement with Pierer Industrie AG (Austria) for the acquisition of Husqvarna Motorcycles. The acquisition will proceed subject to approval by anti-trust authorities. Both companies have agreed not to disclose the purchase price.

Expanded offering for urban mobility and e-mobility

BMW Motorrad achieved a new sales record in 2012. With the realignment of its motorcycle business, BMW Motorrad aims to maintain profitable and sustainable growth over the coming years. Its current core business consists exclusively of premium vehicles in the categories “Tourer”, “Enduro”, “Sport”, “Roadster” and “Maxi-Scooter” from 650 to 1600 cc. BMW Motorrad entered the urban mobility segment for the first time in 2012 with the C 650 GT and C 600 Sport maxi-scooters. The next step in the expansion of the product line-up in this segment will be the series launch of the “C evolution” electric scooter in 2014. Further innovative vehicle concepts are also under consideration. Drive trains will include both environmentally-friendly combustion engines and pure electric drives. This move by BMW Motorrad reflects the BMW Group’s overall focus on early identification of trends, such as megacities and traffic density, as well as environmental issues. Corresponding products and services are already available for the Automobile segment.

Continuation of product offensive

In addition to the expansion in the field of urban mobility, core segments from the 650 single-cylinder entry-level bike to the 6-cylinder luxury tourer will also be selectively expanded.

thanks, Grandia... now we need to hear from Pierer Industrie AG

Paul Newman? You better watch it again

I can only find a quote on a Dutch website

(translated)
Pierer Industrie AG has signed a purchase agreement for the acquisition of 100% of Husqvarna Motorcycles with BMW Group. This acquisition will continue, subject to approval by the Austrian competition authority. Both companies have agreed not to disclose the purchase price. In the coming months, Pierer Industrie AG will assess opportunities for collaboration within the group with KTM / Husaberg.