MV Agusta changes owners -- again

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teerex51

The Italian Scallion
Joined
Jun 14, 2005
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Milan, Italy
Malaysian auto-maker Proton, who shelled out a hefty €70-million at the end of 2004 for a majority stake in Italy's Agusta-MV has sold its whole share package to an unknown financial consortium from Genoa for a symbolic €1. Proton commented they really ought to've stuck to cars and their foray into MCs was a "mistake".

I'd offered €3 ($ 3.60) but promptly withdrew (the notorious takeoverus interruptus) when it was explained to me I would thereby undertake the company's debt as well (a mere €110-million, that is in excess of $130-million).

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Agusta-MV build sexy bikes - like the Veltro above - but can't seem to be able to sell them for a profit. In recent times you could not get MV spare parts for months, as the company was hell-bent on building bikes (and shipping them to their dealers) in order to generate cash-flow instead of supplying much (and often) needed spare parts.

All right. Let's face it... nobody cares, really, about MV-Agusta. This was just an excuse to introduce my kid sister (above) to the FJR Forum community... :D I've described you guys to her in the most flattering terms... :)

Stef

 
I thought someone else was looking to buy MV? Too bad, nice bikes... :dribble:

Oh, Stef? Can't be your seester. Too much hair. But I'm diggin' her Bat Bra!

 
Huh... and to think, what I had in mind had nothing to do with sleeping. :devilsmiley:

 
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Yeah....in flattering terms like: degenerate; incorrigible...and she's been told, in no uncertain terms...to stay away from FJR owners.

Hey Stef, she's scary attractive. Do you carry a club and a gun?

 
All right. Let's face it... nobody cares, really, about MV-Agusta. This was just an excuse to introduce my kid sister (above) to the FJR Forum community...  I've described you guys to her in the most flattering terms... 
Stef
There is something very, very sexy about her. :p

I need a cold shower now. :D

 
-Stef, Stef, Stef! You really screwed up!

-Shoulda bought the company for the $3.60, then put that F.I.N.E. model on a pay per view site, 'Motorcycle Maintenance in the Raw, Italian Style'

-debt would be paid in under a year!

 
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