Ducati bids on Aprilia - TwoWheelForum: Motorcycle and Sportbike forums
LinkBack Thread Tools Display Modes
post #1 of 5 (permalink) Old 07-15-2004, 04:44 PM Thread Starter
Join Date: Jun 2004
Posts: 741
Ducati bids on Aprilia

from Ducati PR:

Ducati Motor Holding S.p.A. (NYSE: DMH, Borsa Italiana S.p.A: DMH), a leading manufacturer of high performance motorcycles, has presented today an offer for the acquisition of the majority share of the Aprilia Group.

This offer intends to solve the recent financial crisis of Aprilia in order to re-establish its role as a leader, built up over years of hard work and successes in the two-wheel market.

This operation is based on the wish to promote the Italian two-wheel industry consolidation. This new group, first of its kind in Europe, would be able to compete successfully at a global level, thanks to the strengths and peculiarities of each single brand, scale economies and the technological excellence resulting from the combination of each company’s competencies.

“Ours is a long-term industrial project,” said Federico Minoli, Ducati Chairman and CEO. “We are not financial investors. We are moved by passion and we are dedicated to the success of Italian bikes worldwide. We are conscious that this success depends on respecting and enhancing the different identities of each single brand, each one directly linked with its products, its history and its territory, where manufacturing sites have to be kept. Technological competencies, the real asset of each company, could be better used in an integrated and coherent development plan that avoids duplication, and that concentrates its investment efforts on technology and innovation. All together these companies will have a great market penetration force, in particular abroad, realizing in the meantime important synergies in sales structures and distribution channels, as well as in purchasing and administrative structures. Our Ducati turn-around experience leaves us confident of the possibility of success and conscious of the responsabilities we are assuming versus an industry sector that has always proudly brought the Italian geniality and passion for the two-wheel industry to the world.”
Todd is offline  
Sponsored Links
post #2 of 5 (permalink) Old 07-16-2004, 07:52 AM
ShanMan14's Avatar
Join Date: Jun 2004
Location: FREE THE HOPS!
Posts: 10,104
Someone's gotta save Aprilia! :bike:
ShanMan14 is offline  
post #3 of 5 (permalink) Old 07-19-2004, 02:50 PM Thread Starter
Join Date: Jun 2004
Posts: 741
Latest from Duc:

Bologna July 17th 2004, Ducati Motor Holding S.p.A. (NYSE: DMH, Borsa Italiana S.p.A.: DMH), the high performance motorcycle manufacturer has reached an agreement today with Aprilia shareholders, for the exclusive negotiation in the acquisition of the group.

The agreement foresees a due diligence period on certain legal, fiscal and accounting matters.

The decision is a clear step forward in the negotiation process, which is essential for the future of Aprilia and the Italian motorcycle industry. This agreement marks the beginning of a new and important negotiation phase with all the parties involved in the Group restructuring in order to ensure the continuity of the Aprilia business.

“We are fully satisfied with the progress of the negotiation,” comments Federico Minoli, President and CEO of Ducati Motor Holding. “We are close to the end of a complex process. We have a sound industrial plan and we are confident of the support that we will receive from banks, suppliers, other creditors, management and unions. Since 1996, with the help of all the constituents we have transformed Ducati from a struggling company to a worldwide success. Today Ducati is traded in the stock exchanges of Milan and New York, it is healthy, financially secure and ready to invest financial resources and knowledge to recreate the Ducati success story with Aprilia. Our plan is simple: maintain the identity of each brand which is defined by their rich history and territory, while capitalizing on the synergies of critical mass in distribution, especially in foreign markets, research, development and purchasing.”

Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative design, advanced engineering and overall technical excellence. The Company produces motorcycles in five market segments which vary in their technical and design features and intended customers: Superbike, Supersport; Monster, Sport Touring and Multistrada. The Company’s motorcycles are sold in more than 60 countries worldwide, with a primary focus in the Western European, Japan and North American markets. Ducati has won twelve of the last fourteen World Superbike Championship titles and more individual victories than the competition put together. For more information about the Company, please visit our web site at http://www.ducati.com.
Todd is offline  
Sponsored Links
post #4 of 5 (permalink) Old 08-11-2004, 05:45 PM
Join Date: Aug 2004
Posts: 460
Last word is that Aprilia has rejected the bid.
Mojo is offline  
post #5 of 5 (permalink) Old 08-13-2004, 08:41 PM
First 1000 Member
Join Date: Aug 2004
Posts: 235
yup. that is what i heard on the radio ealier this or last week. It was actually the share holders that turned it down , i think. (im not sure which share holders tho)
Aaron is offline  
Sponsored Links

Quick Reply

Register Now

In order to be able to post messages on the TwoWheelForum: Motorcycle and Sportbike forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome