Cycle News

Cycle News 2015 Issue 03 January 20

Cycle News is a weekly magazine that covers all aspects of motorcycling including Supercross, Motocross and MotoGP as well as new motorcycles

Issue link: https://magazine.cyclenews.com/i/448799

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INTERVIEW MV AGUSTA'S GIOVANNI CASTIGLIONI P76 way or the other in sales and marketing, of putting two presti- gious brands in different but re- lated sectors next to each other in certain key markets as part of a joint strategy. But then as we intensified discussions about possible co-operation in sales and marketing, we both came to understand that for this to suc- ceed, you need to be married to each other. So we decided that Mercedes-AMG should acquire a 25 percent interest in MV Agusta and we have also signed a long-term sales and marketing cooperation agreement. So that's how it all came about, and for me personally it's a cause for satisfaction that I should be the one who brought Mercedes-Benz to the world of company with a healthy balance sheet and a strong future, that they should pay good money to acquire a minority stake in MV. And of course I'm very happy about this and I believe I can demonstrate to them that their decision was a correct one, and their investment wise. MV Agusta and Mercedes- AMG are a perfect brand fit. They're two complementary companies that stand for good design, high performance and sporting excellence. Mercedes- AMG will help MV Agusta to further expand globally and to accelerate our growth to our chosen ceiling through our strategic partnership with each other. And I believe, as do they, that the unique qualities of MV (Left) Cluzel and Giovanni on top of the World Supersport podium at Misano. (Right) Giovanni with his late father Claudio Castiglioni. two wheels for the first time ever in their long and glorious history. On the other hand, it's also an honor for me to have Mercedes- AMG as my partner, my married partner in business, even as a minority 25 percent shareholder in MV Agusta. It doesn't often happen that an industrial giant buys a minority stake in a family- owned business, but that's what has happened here. And this is good for Italy. And good for our company. It's an important implied compliment that they consider us to be a sufficiently well-run

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