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Mercedes-AMG exits MV Agusta

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Pratheek Kunder

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Mercedes-AMG exits MV Agusta

MV Agusta has received fresh investment from ComSar Invest, resulting in the holding company controlling 100 per cent of the Italian bike maker. 

MV Agusta Holding purchased the 25 per cent that was with the Daimler company, Mercedes-AMG. The German manufacturer had invested in this premium automotive brand in 2014. The controlling stake of MV Agusta Holding will now be held by GC Holding. This company is owned by MV Agusta president Giovanni Castiglioni. Its new investor ComSar Invest will hold a minority stake.

The Italian company had been looking for fresh investment since many months to continue with its daily operations. No with full control of the bike, MV Agusta is expected to speed up its new product development and launches. 

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