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MV Agusta buys back shares from Mercedes-AMG

The owners of MV Agusta have completed the acquisition of shares that were previously held by Mercedes-AMG. With this, the MV Agusta Holding Company controls 100% stake in MV Agusta Motor S.p.A.

The MV Agusta Holding Company is co-owned by Giovanni Castiglioni's GC Holding and the Saradov family's investment arm - ComSar Invest. The latter, backed by the Black Ocean Group is believed to have a minority stake in the company. 

Back in July 2017, Mercedes-AMG had sold its 25% stake in MV Agusta to ComSar Invest for an undisclosed amount. The bike maker had also announced a restructuring plan aimed to support the development of new products and market consolidation. The company has said that an intensive restructuring process has now been completed both financially and strategically. The focus has now shifted to the development of an all-new 4-cylinder platform which will form the basis for a new model expected to be launched in 2018.

Source: Road Racing World

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