News of Mercedes-AMG eyeing an acquisition of MV Agusta have been circulating for some time now, likely as the deal has continued to evolve between the two parties.
Now, Italy’s reliable Motociclismo is reporting that AMG has agreed to purchase a minority position, likely around 20% of the company, the announcement of which will be made at the EICMA show in Milan, Italy.
The deal shouldn’t see too much involvement from Mercedes-AMG in the affairs of MV Agusta, however the stock purchase will certainly put some much need capital in the Italian motorcycle company’s coffers.
That’s not to say that Mercedes-AMG won’t benefit as well, as the move not only helps Mercedes keep up with rivals BMW and Audi in the two-wheeled space, but it will also help offset the production of the AMG-badged performance cars, under Europe’s CAFE-like corporate-wide emission standards.
According to Motociclismo, the deal is done, and we just wait for an announcement from MV Agusta at the 2014 EICMA show, which is the first week of November.