Apparently, BMW Motorrad has undergone a strategic realignment to focus on urban mobility and e-mobility. As part of this process, the company has decided to sell Husqvarna Motorcycles to Pierer Industrie AG which is owned by KTM CEO Stefan Pierer.
Both companies have agreed not to disclose the purchase price and the sale is subject to approval by anti-trust authorities. That being said, the deal is expected to go through but it remains unclear if Pierer will incorporate Husqvarna into KTM or keep it as a separate entity. Continue reading →