Mahindra to buy Ducati?

Ducati motorcycle brand, owned by Investindustrial Holdings is now for sale at 1.6 billion dollars. Mahindra, Volkswagen and BMW have shown keen interest on buying the Ducati brand.

Andrea Bonomi, Chairman of Investindustrial Holdings informed that Ducati is now a perfect company but for further growth it requires the support of a world-class industrial partner. This year, they will work towards that partner.

Bonomi also said that many investors and auto manufacturers have shown their interest in buying Ducati. Investindustrial Holdings expect Ducati to be sold for a price of $1.6 million (£1 million). Some of the potential Ducati buyers include German brands like BMW & Volkswagen and India’s vehicle manufacturer, Mahindra and Mahindra.

Published by teamvicky

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