Ducati Up For Sale $1.32 Billion.
Published by February 14th, 2012in Builders, Editorial and Events.Investindustrial, the Italian private-equity owner of Ducati is looking to sell the brand this year for up to 1 billion euros ($1.32 billion.) The Bonomi family behind Investindustrial revealed that several strategic suitors in Asia, Europe and the US had expressed an interest in Ducati. Possible buyers would include at least Volkswagen, BMW and the Indian motorcycle group Mahindra. “Ducati is now a perfect company but the further growth it requires needs the support of a world-class industrial partner,” Investindustrial’s chairman Andrea Bonomi . Last November, Ducati chief executive Gabriele Del Torchio said that the Italian manufacturer had raised its share of the markets where it operates around the world to 10.7 percent, up from 8.5 percent in 2010. Covering several market segments, Ducati’s range of motorcycles are divided into model families which include: Diavel, Hypermotard, Monster, Multistrada, Streetfighter and Superbike.
If we all throw $10-$20 in that will help things out and Alex can cover the rest. Deal?
ReplyDeleteSure sounds great, I'm in
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