Over the weekend Rueters reported that TPG to sell Ducati stake to InvestIndustrial-source.
MILAN, Dec 2 (Reuters) - Private equity firm Texas Pacific Group (TPG) has agreed to sell a stake in Italian motorcycle maker Ducati (DMH.MI: Quote, Profile, Research) to family holding firm InvestIndustrial, sources close to the deal said on Friday.
The last line in the press release is perhaps the most interesting…
Ducati is due to announce a restructuring plan in early 2006, focusing on high-end motorbikes as it sacrifices volume for improved profit margins.
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Watch for Ducati to be the next bike maker to fold up the tent. Going for profit focusing on “high end” motorcycles is not a smart move in light of the pathetic sales and lack of dealerships in the largest consuming country in the world, the USA.