{"id":178825,"date":"2019-09-27T09:19:43","date_gmt":"2019-09-27T16:19:43","guid":{"rendered":"https:\/\/www.asphaltandrubber.com\/?p=178825"},"modified":"2019-09-27T09:30:39","modified_gmt":"2019-09-27T16:30:39","slug":"ktm-purchases-gasgas-gas-gas","status":"publish","type":"post","link":"https:\/\/www.asphaltandrubber.com\/news\/ktm-purchases-gasgas-gas-gas\/","title":{"rendered":"KTM Takes Over GasGas – Purchases 60% of Shares"},"content":{"rendered":"

Remember that day when KTM bought a struggling dirt bike brand? No, we’re not talking about Husqvarna<\/a> again, because today Stefan Pierer and his team acquired 60% of the shares of Spanish dirt bike marque GasGas.<\/p>\n

The acquisition is actually an interesting one between KTM and GasGas’s owner, Black Toro Capital, as it sees the Austrian conglomerate “partnering” with its Spanish counterpart, primarily on electric dirt bikes.<\/p>\n

According to reports, the partnership was made so that KTM could increase its offering for electric motorcycles and e-bikes, while the offerings from GasGas and Torrot could be sold through KTM and Husqvarna’s extensive dealership network.<\/p>\n

\r\n\r\n\r\n