Bob
24th July 2007, 00:27
BMW has announced it is to buy Husqvarna from MV Agusta.
"With the Husqvarna models, which are focused on sports competitions, we can expand the range of BMW Motorrad to younger target groups as well as to the entire offroad and supermoto segment," said BMW's motorcycle division head, Herbert Diess "And we will have access to a global sales network in the off-road segment."
Husqvarna - which made 12,000 bikes last year - would continue to operate as an independent unit and its facilities in the northern Italian region of Varese would be maintained.
The acquisition has yet to be approved by the European competition authorities.
"With the Husqvarna models, which are focused on sports competitions, we can expand the range of BMW Motorrad to younger target groups as well as to the entire offroad and supermoto segment," said BMW's motorcycle division head, Herbert Diess "And we will have access to a global sales network in the off-road segment."
Husqvarna - which made 12,000 bikes last year - would continue to operate as an independent unit and its facilities in the northern Italian region of Varese would be maintained.
The acquisition has yet to be approved by the European competition authorities.