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Ducati to be sold to Performance Motorcycles SpA, taken private
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Topic: Ducati to be sold to Performance Motorcycles SpA, taken private (Read 1642 times)
johnc
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Ducati to be sold to Performance Motorcycles SpA, taken private
«
on:
August 08, 2008, 01:17:29 PM »
It’s a big week for Italian Motorcycle companies. First, The Harley-Davidson MV Augusta buyout was finalized and now it looks like Ducati will be sold to a group of existing investors. The deal, which will see a minority group of shareholders purchase the remaining 70% of the company for about $579 million. The deal has already been approved by regulators and is expected to go through next month, it will see Ducati delisted from public trading.
Performance Motorcycles S.p.A. is an investment vehicle formed by three of Ducati’s main shareholders: Investindustrial, BS Investimenti and Hospitals of Ontario Pension Plan.
But what does this mean for Ducati fans? Not much. The buyout is being conducted by a conservative group of investors who foresee continued success for the Bologna-based company. Ducati achieved a net profit of €13.3 million in 2007, seeing worldwide bike shipments increase 18.7 percent to 38,365 units. Ducati North America also posted record sales this June. If anything, the sale puts the company on firmer financial ground, enabling it to meet its promise to introduce 10 new models by 2010.
via Dealernews
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Michael Moore
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WebGeeK
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Re: Ducati to be sold to Performance Motorcycles SpA, taken private
«
Reply #1 on:
August 09, 2008, 08:03:32 PM »
New product lines?
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Desmostro
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alis volat propriis
Re: Ducati to be sold to Performance Motorcycles SpA, taken private
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Reply #2 on:
August 09, 2008, 10:07:44 PM »
Quote from: Michael Moore on August 09, 2008, 08:03:32 PM
New product lines?
Oh I want one!
MM, How does one get "testa di cazzo" status? Is there a special test?
«
Last Edit: August 09, 2008, 10:12:05 PM by Desmostro
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WebGeeK
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Re: Ducati to be sold to Performance Motorcycles SpA, taken private
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Reply #3 on:
August 10, 2008, 08:22:24 AM »
Quote from: Desmostro on August 09, 2008, 10:07:44 PM
MM, How does one get "testa di cazzo" status? Is there a special test?
You have to be nominated by your peers.
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johnc
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Re: Ducati to be sold to Performance Motorcycles SpA, taken private
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Reply #4 on:
August 10, 2008, 08:25:44 AM »
Quote from: Michael Moore on August 10, 2008, 08:22:24 AM
You have to be nominated by your peers.
i will nominate him for the interim title of "minchia"
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rafa
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Re: Ducati to be sold to Performance Motorcycles SpA, taken private
«
Reply #5 on:
August 10, 2008, 08:33:46 AM »
Quote from: Michael Moore on August 09, 2008, 08:03:32 PM
New product lines?
You might have a future in their proto type division.
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BikerGoddess
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Re: Ducati to be sold to Performance Motorcycles SpA, taken private
«
Reply #6 on:
August 10, 2008, 09:32:29 AM »
Quote from: Michael Moore on August 09, 2008, 08:03:32 PM
New product lines?
I SO want one!!
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Itsasickness
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Re: Ducati to be sold to Performance Motorcycles SpA, taken private
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Reply #7 on:
August 12, 2008, 11:29:28 AM »
MM,
that would be a very respectable scoot for you to show up for Bike night with. Then you would match your jacket!
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desmoquattro
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It puts the billet aluminum on the motorcycle...
Re: Ducati to be sold to Performance Motorcycles SpA, taken private
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Reply #8 on:
August 20, 2008, 06:54:10 AM »
Quote from: Itsasickness on August 12, 2008, 11:29:28 AM
MM,
that would be a very respectable scoot for you to show up for Bike night with. Then you would match your jacket!
...and I bet it would do even better burnouts than the Vespa!
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