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RideApart
RideApart
Sport

MV Agusta CEO: KTM’s Not Taking Over

Quite a bit of controversy has been stirred since November 2022 when MV Agusta and KTM went into a partnership together. A North American distribution deal was inked back then which also concluded with a 25.1-percent stake in the Italian brand. Following that, the rumor mill started to churn about a KTM takeover. 

On the KTM side of things, executives from Pierer Mobility chimed in left and right about MV Agusta. Stefan Pierer was quite vocal, stating that “no one needs a Lucky Explorer from MV.” Following that comment, Hubert Trunken Polz, one of KTM’s executive board members, confirmed to Motorrad magazine that the firm intends to obtain a majority stake in MV with an undisclosed timetable having already been set behind meeting room doors. 

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