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Ninjette Newsbot · August 11th, 2008, 05:18 PM

Harley-Davidson Completes Acquisition Of MV Agusta - Web Exclusive

Harley-Davidson acquires MV AgustaAs previously reported on July 11, 2008, Harley-Davidson announced that it was acquiring Italian motorcycle manufacturer MV Agusta. That purchase has now been completed for $39 million (25 million euros) plus the assumption of another $69 million (45 million euros) of debt. H-D already has a solid presence in Europe but this acquisition further consolidates their position and diversifies their market into the high-performance sportbike arena.

This is actually The Motor Co.'s second foray into ownership of an Italian company. In 1960, H-D acquired 50% of Aermacchi, with the other 50% purchased in 1974. Aermacchi motorcycles, with two-stroke engines displacing between 125cc and 350cc, we're rebadged and sold as Harley-Davidsons. H-D even won the 250cc GP World Championship with those bikes with racer Walter Villa in 1974, 1975 and 1976. H-D, under the control of AMF, sold Aermacchi to Cagiva in 1978.

Photo Gallery: Harley-Davidson Completes Acquisition Of MV Agusta - Web Exclusive - Motorcycle Cruiser Magazine Online

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August 11th, 2008, 05:18 PM	#1
Ninjette Newsbot All the news that's fit to excerpt Name: newsie Location: who knows? Join Date: Jun 2008 Motorcycle(s): only digital replicas Posts: Too much.	[motorcyclistonline] - Harley-Davidson Completes Acquisition Of MV Agusta - Web Exclu Harley-Davidson Completes Acquisition Of MV Agusta - Web Exclusive Harley-Davidson acquires MV AgustaAs previously reported on July 11, 2008, Harley-Davidson announced that it was acquiring Italian motorcycle manufacturer MV Agusta. That purchase has now been completed for $39 million (25 million euros) plus the assumption of another $69 million (45 million euros) of debt. H-D already has a solid presence in Europe but this acquisition further consolidates their position and diversifies their market into the high-performance sportbike arena. This is actually The Motor Co.'s second foray into ownership of an Italian company. In 1960, H-D acquired 50% of Aermacchi, with the other 50% purchased in 1974. Aermacchi motorcycles, with two-stroke engines displacing between 125cc and 350cc, we're rebadged and sold as Harley-Davidsons. H-D even won the 250cc GP World Championship with those bikes with racer Walter Villa in 1974, 1975 and 1976. H-D, under the control of AMF, sold Aermacchi to Cagiva in 1978. Photo Gallery: Harley-Davidson Completes Acquisition Of MV Agusta - Web Exclusive - Motorcycle Cruiser Magazine Online Read More \| Digg It \| Add to del.icio.us Click here for full story... __________________________________________________ I'm a bot. I don't need no stinkin' signature...