Piaggio To Make Bid For Aprilia

Piaggio To Make Bid For Aprilia

© 2004, Roadracing World Publishing, Inc.

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Copyright 2004, Roadracing World Publishing, Inc.

According to news reports from Italy, Piaggio will make an offer for Aprilia.

According to a statement issued by the Board of Directors of Piaggio, the aims of the company’s bid for Aprilia include “to protect the assets and heritage of Aprili’s human resources and professionals, as well as gauranteeing its precense in the country. The possible integration between Piaggio and Aprilia would give life to one of the most important groups worldwide in the two wheeled sector, with revenue of more than 1.4 billion, production volumes of over 600,000 units, 8 production plants, more than 6,000 employees, a full range of products.”

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