Shineray (China) may be in negotiations to buy (KTM)Husqvarna's Varese Plant

Discussion in 'Newsroom' started by robertaccio, Jul 11, 2014.

  1. robertaccio Husqvarna
    Pro Class

    Location:
    San Diego, Ca
    Husqvarna Motorcycle:
    2021 Husqvarna TE300i
    Other Motorcycles:
    99 HusqvarnaTE610, 94 Husaberg FC501
  2. robertaccio Husqvarna
    Pro Class

    Location:
    San Diego, Ca
    Husqvarna Motorcycle:
    2021 Husqvarna TE300i
    Other Motorcycles:
    99 HusqvarnaTE610, 94 Husaberg FC501
    5 mil eu is/seems to be, stupid low money for an entire production (almost new) facility.
    Peirer really wants this labor/labor union mess off his plate, I would imagine ( I would too, he/they got all he wanted with what the Peirer industries has now with owning the marque)
  3. NoMad410 Husqvarna
    B Class

    Location:
    SW UK
    Husqvarna Motorcycle:
    TE410 E
    Any news on this?

    I seem to remember seeing somewhere that the deal was finalised, but can't find the link ATM. It was in an Italian newspaper, iirc. Then again, I may have it completely wrong, so do not quote me, definitely not! :p
  4. robertaccio Husqvarna
    Pro Class

    Location:
    San Diego, Ca
    Husqvarna Motorcycle:
    2021 Husqvarna TE300i
    Other Motorcycles:
    99 HusqvarnaTE610, 94 Husaberg FC501
  5. robertaccio Husqvarna
    Pro Class

    Location:
    San Diego, Ca
    Husqvarna Motorcycle:
    2021 Husqvarna TE300i
    Other Motorcycles:
    99 HusqvarnaTE610, 94 Husaberg FC501
  6. robertaccio Husqvarna
    Pro Class

    Location:
    San Diego, Ca
    Husqvarna Motorcycle:
    2021 Husqvarna TE300i
    Other Motorcycles:
    99 HusqvarnaTE610, 94 Husaberg FC501
  7. Tinken Husqvarna
    Pro Class

    Location:
    Hesperia, CA
    Husqvarna Motorcycle:
    MY12 WR511
    Other Motorcycles:
    Yamaha
    That's a done deal.

  8. Centerline Husqvarna
    AA Class

    Location:
    Texas
    Husqvarna Motorcycle:
    2007 TE450
    Other Motorcycles:
    HD Fat Bob, Aprilia Dorsoduro 1200
    Done deal? From the article I read from previous post.......

    "Possible solution to the crisis" "Pre-agreement" ? "focus it's efforts to the acquisition of entire site Varese"
    "On the table a multi-year lease, 6 years with an option of possible extension..... ( a lease is not ownership)
    "the absolute caution, potential buyers are still studying the fate which will meet Varese, has NOT been advised of any business plan"

    An odd tone for a done deal. Maybe and hopefully there have been developments since that was written.
  9. Mik-3 Husqvarna
    AA Class

    Location:
    Finland
    Husqvarna Motorcycle:
    Husvarna SM510R 2010
    i dont know are that deal good, but i would love to know, that i can get some parts like for ten years still...
  10. Tinken Husqvarna
    Pro Class

    Location:
    Hesperia, CA
    Husqvarna Motorcycle:
    MY12 WR511
    Other Motorcycles:
    Yamaha
    9 years minimum. The Chinese invest in developing countries around the world and generally treat them pretty well, much better than the USA does. So I'd say it's a good thing.