Tuesday, February 14, 2012

Ducati may be up for sale for US$1.32 Billion

Ducati up for sale
Ducati, one of the most iconic motorcycle brands in the world, is up for sale for about $1.32 billion. We hope the company gets a buyer who's ready to invest in its future...
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According to reports on Reuters and Bloomberg, Investindustrial – the private equity owners of Ducati – may be looking to sell the iconic motorcycle company in the near future. Based in Italy and backed by the Bonomi family, Investindustrial expect to get about US$1.32 billion (one billion euros) for Ducati. This is about three times as much the amount which Investindustrial spent in 2005 for buying Ducati.

‘Ducati is now a perfect company but the further growth it requires needs the support of a world-class industrial partner. This year, we will work towards that partner,’ says Andrea Bonomi, Chairman, Investindustrial. Companies that might be interested in buying Ducati include the Volkswagen Group and Mahindra & Mahindra, one of India’s largest automotive conglomerates.

We love Ducati!

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