Friday, 12 December 2025

News Briefs



As of November 19, 2025, it has been confirmed that the planned EGM (Extraordinary General Meeting) saw Bajaj Auto International Holdings B.V., the wholly owned subsidiary of Bajaj Auto, India formally taking control of Pierer Bajaj AG (to be renamed to Bajaj Auto International Holdings AG). This followed the November 10 European Commission 'green light' for the deal to proceed. Bajaj Auto had entered into a call option agreement with Pierer Industrie AG in May enabling Bajaj Auto B.V. to acquire Pierer Industrie AG's shares in Pierer Bajaj AG, thus indirectly taking control of the Company by the end of May 2026 at the latest. Bajaj Auto B.V. has now exercised the entirety of the call options. On November 18, the transaction was finally closed with the acquisition of Pierer Industrie AG's shares (50.1 percent) in Pierer Bajaj AG. Bajaj Auto B.V. is now the sole owner of Pierer Bajaj AG. With this transaction, Pierer Bajaj AG now holds 74.9% of KTM's parent company, PIERER Mobility AG. Pierer Bajaj AG will soon be renamed Bajaj Auto International Holdings AG. The EGM additionally approved the change of the companies' legal name from PIERER Mobility AG to Bajaj Mobility AG. The composition of the Supervisory Board has also been changed. The nominees of Pierer Industrie AG have stepped down. Pradeep Shrivastava, Executive Director at Bajaj Auto, and Vienna based attorney, Dr. Wolf Gordian Hauser have been appointed, joining Dinesh Thapar and Srinivasan Ravikumar on the Supervisory Board. Bajaj Auto has been closely associated with KTM since 2007 and secured the Company's continued existence in May 2025 with a cash injection of € 800m.


The MC Massan motorcycle industry Expo is to return in January in Sweden, at the Elmia exhibition facility, at Jönköping in central southern Sweden on 23-25 January; www.elmia.se/mcmassan


Noted German specialist alpha Technik GmbH & Co. KG has acquired the renowned LSL-Motorradtechnik brand from Paaschburg & Wunderlich GmbH. Founded in 1984 by automotive engineer and former Harley dealer Jochen Schmitz-Linkweiler, LSL is respected for its technically advanced, ergonomic, stylish, durable, and practical accessories - from handlebar and footrest systems to safety components - and stylish Clubman custom roadsters. LSL was bought by P&W in 2018, with P&W being bought by Bihr distribution in 2021. In turn, Bihr was bought by the American Genstar Private Equity owned Arrowhead Engineered Parts operation in 2022. Now, Genstar, AEP, Bihr, P&W has sold LSL - how the wheel turns; www.alphatechnik.de


In the UK The Triumph Factory Visitor Experience in Hinckley, Leicestershire, has won Gold for 'Overall Excellence' at VisitEngland's Visitor Attraction Accolades 2024-2025. 


The FIM World Supercross has announced Anton Voss' Barcelona, Spain based Stark Future as its first electric team. The Stark VARG will debut in Round 1 of the 2025 WSX season in Kuala Lumpur, Malaysia. An agreement signed in Geneva establishes a three-year commitment between WSX and all seven participating teams. The deal includes participation fees, financial incentives for recruiting top riders, and an expanded seven-figure prize pool through 2027; worldsupercrosschampionship.com


VMOTO is citing a "week filled with innovation, design, and people" at EICMA as "once again confirming leadership in the global electric mobility industry. From the new CP (VS5), design developed in collaboration with Pininfarina, and the multi-purpose VS4, to the evolution of the EMS - Electric Mobility Solution ecosystem, each presentation showcased VMOTO's commitment to making electric mobility more intelligent, accessible, and closer to people."