Call option on majority stake in MV Agusta Motor S.p.A.
In November 2022, KTM AG, a subsidiary of PIERER Mobility AG, by ways of a capital increase acquired a 25.1 per cent stake in MV Agusta Motor S.p.A., based in Varese (Italy).
As part of this co-operation, KTM AG took over the supply chain and purchasing for MV Agusta in October 2023.
In addition, MV Agusta’s product range is now distributed through PIERER Mobility’s worldwide sales network.
The call option granted to KTM AG on the basis of the annual financial statements as of December 31, 2025 to acquire a majority stake in MV Agusta will be exercised in spring 2026.
Intensification of the joint venture with CFMOTO
KTM AG has intensified its cooperation with CFMOTO in the areas of product strategy, development and industrialisation.
Beside taking over the distribution of CFMOTO motorcycles by KTM in Germany, Austria, Switzerland, Spain and Great Britain, the production capacity of the joint venture partner will be expanded from currently 50,000 to 100,000 units.
As a sign of the deepening of the cooperation, CFMOTO increased its stake in the stock listed PIERER Mobility AG to 2.0% in July 2023.
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