TL;DR
Bajaj Auto has completed its acquisition of a majority stake in KTM's parent company, Pierer Mobility AG.
Bajaj Auto has finalized the acquisition of a majority stake in KTM's parent company, Pierer Mobility AG, after receiving the necessary regulatory approvals. This strategic move solidifies Bajaj Auto's long-standing partnership with the Austrian motorcycle manufacturer and further strengthens its global footprint in the premium motorcycle segment.
The completion of this acquisition underscores Bajaj Auto's ambitious growth strategy and its commitment to expanding its influence in the international two-wheeler market. This deepened collaboration is expected to lead to enhanced product development, technological sharing, and expanded market access for both brands, particularly in emerging markets like India.
