Harley-Davidson acquires MV Agusta
July 13th, 2008
As we noted on Friday, MV Agusta has been in some serious financial troubles of late, and majority shareholder/President Claudio Castiglioni has been looking for a new investment partner both to capitalise the company’s recovery and to drive a new era of business practices that will see the iconic brand survive beyond the short term.
And it seems the deal is done - Harley Davidson have signed a definitive agreement to purchase 100% of the MV Agusta group, which includes the Cagiva brand. (more…)