MV Agusta has officially announced its separation from KTM, with the Italian motorcycle manufacturer confirming that Art of Mobility S.A., controlled by the Sardarov family, will regain full ownership of the MV Agusta Group. This development follows reports from December 2024 indicating KTM’s consideration of exiting its involvement with MV Agusta.
KTM, through its parent company Pierer Mobility AG, had acquired a 50.1 percent majority stake in MV Agusta in March 2024. The partnership aimed to enhance MV Agusta’s operations by leveraging KTM’s resources and distribution networks. However, recent financial challenges within Pierer Mobility AG appear to have influenced the decision to part ways, allowing MV Agusta to reclaim its independence.
MV Agusta has assured that the separation will not impact its operations, emphasizing that it remains unaffected by KTM’s financial restructuring. The company’s priority during this transition is to safeguard its network of suppliers and dealers from any disruptions that could have resulted from KTM’s restructuring.
Timur Sardarov – CEO of Art of Mobility S.A.: “This is a moment of pride for all of us at MV Agusta. Regaining full control of the company means we are now stronger and more focused than ever on delivering excellence. Over the past two years, the company has significantly strengthened its processes, systems, and workforce. These structural changes are the foundation of the extraordinary results achieved in 2024 and will continue to drive our success in the years to come. I have full confidence in our leadership team, whose vision, combined with the dedication and professionalism of our renewed dealer network, will take MV Agusta to new heights. My commitment, and that of my family, is to be a vital force for the Varese team, the region, and all our partners.” CN
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