Video: It's official: Mercedes-AMG acquires 25% of MV Agusta
2024 Author: Nicholas Abramson | [email protected]. Last modified: 2024-02-10 16:46
Lately it's a non-stop with the guys from MV Agusta. Every week they bring us some news. This time it's time to officially confirm that Mercedes-AMG has finally acquired 25% of the brand Italian. Our colleagues from Motorpasión already told it a few hours ago.
The linking of both brands goes beyond the simple fact that Mercedes injects capital (about 30 million euros is rumored) in the company of the Castiglioni family, but there is a mutual collaboration agreement for sales and marketing efforts.
Tobias Moers, CEO of Mercedes-AMG GmbH:
Giovanni castiglioni, President and CEO of MV Agusta Motor S.p. A.:
Now that MV Agusta is going to have financing, it is scary to think what they are capable of in Varese if until now they did not stop taking models. Now they will have to think about what the 30 million euros will be spent on; for example, it would not be bad if they deployed a good network of dealers to become a true international brand.
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