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MV Agusta is Italian Again
August 07, 2010

Varese, August 6th 2010 - Claudio and Giovanni Castiglioni, through their family holding company have repurchased from Harley Davidson 100% of the shares of MV Agusta Motor S.p.A. which owns historic brands MV Agusta and Cagiva. Harley-Davidson announced in October 2009 its intention to sell MV Agusta to concentrate on its core business and brand.


In connection with the repurchase transaction Lazard and Co. have acted as the financial advisor along with counsel Alessandro Varrenti (CBA) and Giuseppe Galeano whom provided legal and tax assistance in conjunction with family counsellors Giuseppe Carteni (Leadlaw), Andrea Lanata and Sergio Caramella.


Along with Giovanni Castiglioni, the company will be headed by Mr. Massimo Bordi, a well known Italian manager. A 62-year-old engineer, Bordi took Ducati to success during the years when that company was owned by the Castiglionis and continued to manage it successfully under the ownership of Texas Pacific Group. Since 2003 Massimo Bordi has been the CEO of Same Deutz Fahr, contributing largely to the success of the company. Massimo Bordi commented that "MV Agusta has full capacity to once again become a major player in the high luxury brand motor bikes, this brand is one of the most recognized worldwide. We will implement a number of reorganization and managerial actions in the near future. Both the current and new models under development have a very strong character, great innovative features and a very unique design, I have no doubts about their future success."


Claudio Castiglioni, the historic intimate soul of MV Agusta will continue as chairman, and will concentrate on the development of the new products. Upon signing the agreement with Harley-Davidson, Claudio Castiglioni stated "MV Agusta is the crown jewel of Italian motorcycles, I am thrilled to have completed this transaction. I have already won once together with Massimo Bordi, we made the most beautiful bikes in the world and we will continue with this tradition".

August 06, 2010 2:08 PM by mv2envy
Well shit, I guess my bike is Italian once again
August 06, 2010 2:11 PM by firedancer
lets cheer tothis. i love to have an italian bike
August 06, 2010 2:17 PM by mv2envy
This sucks, I use to be able to tell people I ride a Harley, cant say that now
August 06, 2010 2:27 PM by Darkside
From the press realease.........."Both the current and new models under development have a very strong character, great innovative
features and a very unique design, I have no doubts about their future success."
Sounds like the rumors are true about new models
August 06, 2010 2:33 PM by F4dream
I agree, always thought mv would be bought back CC

maybe tamburini will return
August 06, 2010 2:59 PM by emmvee
They've also got Bordi, the guy who invented the water-cooled 4-valve Ducatis. So we got rid of an owner who makes $25,000 driveway oilers and we've got the guys who

invented the original 4-valve Ducatis (851/888)
produced 916/996
invented the modern naked bike (Ducati Monster)
The MV F4
The Brutale
and pretty much made WSBK what it is through their commitment to that sport in the formative years.
August 06, 2010 3:51 PM by pigiolino
Marketing teacher our President Castiglioni!
Pier
August 06, 2010 4:15 PM by esq'z me
Well....I think we all need to say thank you to Harley for turning the company around, getting the parts supply chain working properly, and bringing the new product to market (at a competitive price, too)....I would say Harley has done a good job with MV.

Proper advertising, proper product launches, proper support......hope CC doesn't bungle it all (again).
August 06, 2010 6:19 PM by TEFLON434
Thank you Harley....... Please no more bungles..... lol
August 06, 2010 6:33 PM by Ahhgooosta
It just f e e e e l s better now. All is right with the world. Bungles or no- MV's where it should be.

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