Husqvarna being sold to KTM?
29 January 2013 16:59
High-placed motorcycle industry sources have tipped MCN off that BMW is negotiating the sale of Husqvarna to Austrian firm KTM with an announcement expected as early as the end of this week to officially confirm it.
German giant BMW bought Husqvarna from MV Agusta in 2008; just as the world entered a financial crisis but has ploughed huge sums of money into the firm which is based in northern Italy with new road bikes like the Nuda 900 and a complete reworking of the off-road range too.
BMW has not just revamped the range of road and off-road bikes but it has completely renovated the production lines, built a brand new racing and research and development arm along with transferring lots of BMW staff from Munich to Italy to work on the brand.
Now it appears BMW is in the final process of selling Husqvarna to KTM; which itself is part-owned by the massive Indian firm Bajaj. One source who didn’t want to be named said: “I do not know if this is a signed deal yet but I understand the final parts of the negotiations are happening now.”
The rumours have reached MCN from multiple sources with some even claiming the deal is going to be announced later this week. Sources in Austria, Germany and Italy are all in broad agreement this is happening.
BMW traditionally refuses to comment on speculation of any kind and this is the same in this case with no response to questions. Husqvarna and KTM are also saying nothing at this stage.
MCN will update this story as soon as there is anything to add.