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Ducati to be sold to Performance Motorcycles SpA, taken private

Started by johnc, August 08, 2008, 02:17:29 PM

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johnc

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 â,¬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

Michael Moore

La nuova moto e il vecchio motociclista :: 2000 Monster 900 (il vecchio) :: 2008 Vespa GTS (doppio) :: 2010 Streetfighter S ("il PastaBusa")


Desmostro

Quote from: Michael Moore on August 09, 2008, 09:03:32 PM
New product lines?




;D ;D ;D ;D


[laugh]

Oh I want one!

MM, How does one get "testa di cazzo" status? Is there a special test?  [cheeky]

If you're not living on the edge, you're taking up too much room

Michael Moore

Quote from: Desmostro on August 09, 2008, 11:07:44 PM
[laugh]

MM, How does one get "testa di cazzo" status? Is there a special test?  [cheeky]



You have to be nominated by your peers.  [laugh]
La nuova moto e il vecchio motociclista :: 2000 Monster 900 (il vecchio) :: 2008 Vespa GTS (doppio) :: 2010 Streetfighter S ("il PastaBusa")


johnc

Quote from: Michael Moore on August 10, 2008, 09:22:24 AM
You have to be nominated by your peers.  [laugh]

i will nominate him for the interim title of "minchia"  [thumbsup]



rafa


BikerGoddess

2008 Aprilia Scarabeo 200

Itsasickness

MM,

that would be a very respectable scoot for you to show up for Bike night with.  Then you would match your jacket!  [thumbsup] ;D
It's been real, it's been fun, it's been real fun!

desmoquattro

Quote from: Itsasickness on August 12, 2008, 12:29:28 PM
MM,

that would be a very respectable scoot for you to show up for Bike night with.  Then you would match your jacket!  [thumbsup] ;D

...and I bet it would do even better burnouts than the Vespa!
My Vices
'09 1198s,red, (Il Diavolo Rosso
'09 KTM 690 SMC (Thumpy)
'04 Yamaha FZ1, The Blue Cockroach
'01 900SS, custom yellow, (The Bumblebee)
'05 MS4R, blue