Archive · 19 Nov 2025
Bajaj Auto Completes Acquisition of Majority Stake in KTM
Bajaj Auto, an Indian company, has bought most of the shares in the Austrian motorcycle company KTM.
This means Bajaj Auto now controls KTM.
They also changed the names of some companies involved in the deal and made new teams to run them.
Bajaj Auto Ltd has completed the acquisition of a majority stake in Austrian bike maker KTM.
The deal, valued at €800 million, received necessary approvals from European regulators.
Bajaj Auto now holds 74.9% in PMAG/KTM through its subsidiary Bajaj Auto International Holdings BV (BAIHBV).
Pierer Bajaj AG (PBAG) and Pierer Mobility AG (PMAG) have been renamed to Bajaj Auto International Holdings AG and Bajaj Mobility AG respectively.
Supervisory and management boards of PBAG, PMAG, and KTM have been reconstituted.
- Who
- Bajaj Auto Ltd
- What
- Completed acquisition of majority stake in KTM
- When
- November 18, 2025
- Where
- Europe
- Why
- To become the majority owner in the global KTM company
- Transaction Value
- €800 million
- Bajaj Auto's Stake in PMAG/KTM
- 74.9%
- Previous Bajaj Auto Stake in PMAG/KTM
- 37.5%
- New Name of PBAG
- Bajaj Auto International Holdings AG
- New Name of PMAG
- Bajaj Mobility AG
