Claudio Castiglioni Purchase of MV Agusta Imminent - MVAgusta.net
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post #1 of 60 (permalink) Old 08-06-2010, 10:46 AM Thread Starter
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Claudio Castiglioni Purchase of MV Agusta Imminent

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Expected to be closed within hours, Harley-Davidson is on the verge of selling MV Agusta to Claudio Castiglioni. Castiglioni was able to leverage the purchase of MV Agusta by using the funds that would have been generated by his stock buy-out, which is rumored to be between Ä20 Ė Ä30 million. For months now Castiglioni has been positioning himself with former Ducati Motor Holdings CEO Federico Minoli, the man behind the turnaround of Ducati and its transition to a lifestyle oriented brand. The pair are now on the verge of closing their acquisition.
With Castiglioniís stock swap, no money it seems will actually be changing hands between the Italian and Harley-Davidson in order to complete the transaction. Itís speculated that the threats of lawsuits pertaining to Castiglioniís minor shareholder position made outside buyers to MV Agusta less appealing to Harley-Davidson, who was looking for the cleanest exit possible from holding MV Agusta as a subsidiary.
MV Agusta has had a tumultuous past under Castiglioniís influence, which may be his reason for including Minoli in the companyís future operations. Harley-Davidson it seems is the big loser in the deal, as the company has essentially invested a considerable amount of capital into turning around MV Agusta, and gotten nothing in exchange for it.
Look for an official statement on MV Agustaís acquisition later today.
http://www.asphaltandrubber.com/news...usta-imminent/
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post #2 of 60 (permalink) Old 08-06-2010, 11:08 AM
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Interesting. I'm not sure if I should be happy or sad.
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post #3 of 60 (permalink) Old 08-06-2010, 11:38 AM
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wow that is a trip
didnt c that comming
thanks for the post

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2005 MV F4 1000S / 2006 Yamaha 50th anniversary R1 / 1998 Aprilia RS 125
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post #4 of 60 (permalink) Old 08-06-2010, 11:39 AM
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Originally Posted by Allan Gibbs View Post
Interesting. I'm not sure if I should be happy or sad.
yes me either

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2005 MV F4 1000S / 2006 Yamaha 50th anniversary R1 / 1998 Aprilia RS 125
1995 Suzuki RGV 250 / 2004 Cagiva Mito EVO2 / 2000 Cagiva mito
1992 Yamaha YZ250 / 1991 Kawasaki kr1s / 2010 Vespa GTS 300
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post #5 of 60 (permalink) Old 08-06-2010, 11:48 AM
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Bollox...............Thats a real shame, here we go down the pan again.

(This reply has not been checked for punctuation, grammar, or spelling mistakes and is devoid of any big long cleverwords or condescending manner)


MV's all gone now, still have a soft spot for MV's, waiting for MV to tick all my boxes again.
Previously (and about 40 others)748SP, S4, S4R, 98R1, 2000 F4, F41000S, F41000R, 08R1, 09R1, S1000RR, RSV4 Factory aPRC in Garage now
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post #6 of 60 (permalink) Old 08-06-2010, 12:10 PM
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Really? This will be not be the first time he's repurchased the company for a lot less than he paid. Where are the Protn-designed bikes? The HD-designed bikes? Neither of those other two owners added anything but money, though that was a big help. No Castiglioni? No MV. No Brutale, no F4, no nothing. And if you think about it, maybe no Ducati and no WSBK, either.

Before CaGiVa (Castiglioni) came in to save the operation, there were no 4-valvers, no water-cooled Ducs. And sales that were in the toilet. Without Castiglioni, Ducati probably would have gone the way of BSA and Norton. And with no Ducatis in WSBK, we sure wouldn't have had the epic twin vs four battles and none of the crowds, either. WSBK would probably be as popular as speedway racing or flat track.

I'll take Castiglioni and his vision any day. HD ownership or Malaysian bean counters running the joint is like a $25,000 pig leaking oil all over the driveway.

Harley-Davidson: Seen one, heard 'em all...
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post #7 of 60 (permalink) Old 08-06-2010, 12:22 PM
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I think its good that its him! But thats just me.

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post #8 of 60 (permalink) Old 08-06-2010, 12:24 PM
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post #9 of 60 (permalink) Old 08-06-2010, 12:38 PM
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Quote:
Originally Posted by Allan Gibbs View Post
Interesting. I'm not sure if I should be happy or sad.
Looking at Castiglioni's passed performance, we should all be SAD :-( I'll give it 6 years
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post #10 of 60 (permalink) Old 08-06-2010, 12:40 PM
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Anyone know anthing about Federico Minoli, since he's the new variable?
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