KTM secures investor as it looks to charge into the future!

KTM have secured a new main investor

KTM has secured a new investor to allow it to go ‘full throttle into its next chapter’. Indian company Bajaj Auto have confirmed that they plan to take control of KTM AG. They have agreed an €800m (£674m) deal to breathe life into KTM, whose year has been blighted by major money issues. Bajaj Auto have been a minor stakeholder since 2007 but will now become the strategic lead of KTM. A statement from KTM regarding its new investor read: “KTM is …

KTM secures investor as it looks to charge into the future!

KTM is proud to announce a major milestone: after months of dedicated effort and strategic planning, the KTM AG was able to expand its relationship with its long-standing partner Bajaj and secure them as a main investor. “Today we have been given the opportunity to continue the history of KTM. Together with our long-standing partner […] The post KTM secures investor as it looks to charge into the future! appeared first on Dirt Hub.