Motorcycles: Husqvarna from MV Agusta and BMW

Agreement between BMW and the Italian company MV Agusta SpA for the acquisition of Husqvarna Motorcycles in Italy in 2006, has 240 employees. MV Agusta SpA in 2006 has produced some 12,000 motorcycles in the range between 125cc and 610cc, in the section of off-road sport is committed to the Swedish Husqvarna with its single cylinder is one of the most renowned companies in the world. The agreement between BMW Motorrad in the person of its Director General Herbert Diess and the Italian industrialist Claudio Castiglioni, MV Agusta SpA, provides for the acquisition of the Swedish Husqvarna Motorcycles for a price when not made public and will wait for clearance European Control Authority to be operational. The BMW Motorrad Motorcycles Husqvarna expected to continue its activities as a separate company in the field of motion and light sports and development activities, production and sale © and all staff will remain in industrial locations in the province of Varese. The interest of the BMW, which is Europe's largest producer of motorcycles over 500cc engine, is to develop the field of motion and light sports and Husqvarna Motorcycles is, with its history dating back since 1903, Sweden and noted numerous victories in both the European Championship and in the world of off-road, a good investment for its expansion plans. Husqvarna Motorcycles is in Italy since 1986 and now is a leader in the market for off-road racing use. BMW Motorrad in 2006, has produced 103,706 motorcycles in reaching what has sold 100.64 ¬ a turnover of 1.265 billion euros and earnings before taxes of 66 million, establishing itself as a leading European industry over 500cc displacement. BMW Motorrad has about 2,816 employees worldwide.

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