Add Your News | Advertise | About Us | Newsletter | Industry Links | Search 
 
News and products for the motorcycle enthusiast and professional
 


DUCATI MOTOR HOLDING AND APRILIA REACH AGREEMENT
17 July 2004 - Ducati UK Ltd

DUCATI RECEIVES EXCLUSIVITY IN NEGOTIATIONS FOR THE PURCHASE OF THE APRILIA GROUP

Bologna July 17th 2004, Ducati Motor Holding S.p.A. (NYSE: DMH, Borsa Italiana S.p.A.: DMH), the
high performance motorcycle manufacturer has reached an agreement today with Aprilia shareholders, for
the exclusive negotiation in the acquisition of the group.
The agreement foresees a due diligence period on certain legal, fiscal and accounting matters.
The decision is a clear step forward in the negotiation process, which is essential for the future of Aprilia
and the Italian motorcycle industry. This agreement marks the beginning of a new and important
negotiation phase with all the parties involved in the Group restructuring in order to ensure the continuity of
the Aprilia business.
“We are fully satisfied with the progress of the negotiation,” comments Federico Minoli, President and CEO
of Ducati Motor Holding. “We are close to the end of a complex process. We have a sound industrial plan
and we are confident of the support that we will receive from banks, suppliers, other creditors,
management and unions.
Since 1996, with the help of all the constituents we have transformed Ducati from a struggling company to
a worldwide success. Today Ducati is traded in the stock exchanges of Milan and New York, it is healthy,
financially secure and ready to invest financial resources and knowledge to recreate the Ducati success
story with Aprilia. Our plan is simple: maintain the identity of each brand which is defined by their rich
history and territory, while capitalizing on the synergies of critical mass in distribution, especially in foreign
markets, research, development and purchasing.”
Founded in 1926, Ducati builds racing-inspired motorcycles characterized by unique engine features, innovative
design, advanced engineering and overall technical excellence. The Company produces motorcycles in five market
segments which vary in their technical and design features and intended customers: Superbike, Supersport; Monster,
Sport Touring and Multistrada. The Company’s motorcycles are sold in more than 60 countries worldwide, with a
primary focus in the Western European, Japan and North American markets. Ducati has won twelve of the last fourteen
World Superbike Championship titles and more individual victories than the competition put together. For more
information about the Company, please visit our web site at http://www.ducati.com
This press release contains statements that are forward-looking and are subject to a number of risks and
uncertainties that could cause actual results to differ materially from those anticipated, as described in documents
previously filed by the Company with CONSOB and with the U.S. Securities and Exchange Commission.

www.ducati.com


More News
  For July 2004
  From Ducati UK Ltd
  For Motorcycles
  Biker247.com Home Page

 

Biker247.com is an Internet publication brought to you by The 247 Network - Visit our other sites at www.the247network.com.
The entire content included in this website, including but not limited to text, design, graphics, interfaces, or code and the selection and arrangements thereof is copyrighted as a collective work under the UK and other copyright laws and is the property of The 247 Network.