After acquiring a 25.1 percent stake in MV Agusta in 2022, Pierer Mobility now holds 50.1 percent in the Italian company. With this takeover, Hubert Trunkenpolz takes over as the CEO and chairman of the board of directors. Meanwhile, MV Agusta’s Trimur Sardarov will represent as the brand’s vice president, brand ambassador and consultant.
Interestingly, KTM has decided to prematurely acquire the additional 25 percent, instead of taking a call based on the financial statements as of December 31, 2025 as per the original agreement. With this, the annual production capacity will go up to 10,000 units in MV’s plant at Varese.
MV Agusta, famed for its beautifully crafted supersports models like the F4 and F3, has seen a lot of ups and downs. But in the past few years, the company took a bold new direction by introducing the likes of the Rush 1000, Superveloce 800 and a few more. One of the interesting projects was the Lucky Explorer ADV, with two models — 5.5 and the 9.5. After KTM’s takeover, the 5.5, which was based on the Benelli TRK 502, was scrapped. The 9.5, now called the LXP Orioli, has entered production.
Will MV Agusta bikes now use KTM engines, just like Husqvarna and GasGas? And with a production target of 10,000 units annually, will the exclusivity of the luxury brand fade away? Only time will tell.