BikeAdvice readers will be well aware of the latest biz that recently
happened to the Italian sport bike maker Ducati in the last few days.
Ducati will henceforth be a part of Audi brand which is known for the
position it holds in the niche car segment all across the globe.
Here is what the official press report from Audi gotta say about this deal.
AUDI AG is acquiring from Investindustrial Group the tradition –
steeped Italian sports motorcycle manufacturer Ducati Motor Holding
S.p.A., which has its registered office in Bologna. The transaction will
be completed as quickly as possible once authorized by the competition
authorities. The Supervisory Boards of AUDI AG and Volkswagen AG
approved the acquisition today in Hamburg. Ducati is known worldwide as a
leading brand in motorcycle manufacture, with outstanding expertise in
engine development and lightweight construction.
The Chairman of Audi Mr. Rupert Stadler said, “As a sporty, global premium brand, Ducati is an excellent fit for Audi.”
Alongside the traditional Italian brands Lamborghini and Italdesign,
Ducati is now a third pillar for AUDI AG in Northern Italy. Another
building block in the Company’s growth strategy thus falls into place.
Rupert Stadler, Chairman of the Board of Management of AUDI AG,
declared: “Ducati is known worldwide as a premium brand among motorcycle
manufacturers and has a long tradition of building sporty motorcycles.
It has great expertise in high-performance engines and lightweight
construction, and is one of the world’s most profitable motorcycle
manufacturers. That makes Ducati an excellent fit for Audi.” The
progressive control systems and special combustion chamber process of
Ducati engines, their resulting sporty character, and Ducati’s extensive
know-how in lightweight construction thus offer great potential for
AUDI AG and the Volkswagen Group.
Peter Mosch, Chairman of the General Works Council of AUDI AG,
explains that the employee representatives of AUDI AG support the
Company’s sustainable, codetermined growth strategy. “We must use the
opportunities offered by globalization for Audi – and that’s exactly
what we’re doing. Everyone at Audi is looking forward to working with
our new colleagues from Ducati,” commented Mosch.
Ducati is a globally active company and has manufacturing operations
at its headquarters in Bologna and at its own factory in Thailand. It
maintains a series of importer companies in strategic markets. Experts
predict that the motorcycle market will enjoy strong growth over the
next few years, especially in Asia. In 2011, Ducati sold around 42,000
motorcycles and generated revenue of some €480 million, employing around
1,100 people.
The company was founded by Adriano and Marcello Ducati in Bologna in
the year 1926. Known originally as Società Scientifica Radiobrevetti
Ducati, it initially built parts for radios. It ventured into the
manufacture of motorcycles in 1949.
Ducati has been actively involved in motorcycle racing for many
decades through its racing division Ducati Corse. Its racing activities
are currently focused on the Ducati official factory team in the MotoGP
class of the Motorcycle World Championship and in the Superbike World
Championship, supporting competitive private teams. Ducati won the
manufacturers’ championship in this latter class 17 times in 21
championships and the pilots’ 14 times.
I’ve always admired the design concepts and the way Ducati performs
on the road, off the road and in the track as well. With the company
being acquired now by Audi, my expectations have only gone up and sees
no dip in any factor. How do you guys feel about it? Leave your
comments in the form of words here.
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