Archive · 2 Jun 2025
Bajaj Auto to Acquire Majority Stake in KTM, Fund €800 Million
Imagine a big Indian motorcycle company called Bajaj Auto.
They're buying most of KTM, a famous motorcycle company from Austria.
KTM was having money problems, so Bajaj is giving them €800 million to help out.
This money will pay off some debts and help KTM get back on track.
KTM had to make a special plan to fix their money problems, and the people they owed money to agreed.
Bajaj is also planning to change how KTM is run and find new partners to grow the business.
This helps KTM stay open and sell more motorcycles around the world.
Bajaj Auto to take majority control of Austrian motorcycle brand KTM.
Bajaj Auto is providing €800 million in funding for KTM.
KTM entered a self-administrative restructuring process in November 2024.
Creditors accepted KTM's restructuring plan in February 2025.
Bajaj Auto will seek shareholder approval for the acquisition.
- Who
- Bajaj Auto and KTM
- What
- Bajaj Auto is acquiring majority control of KTM and providing financial assistance.
- When
- Announced Thursday, with restructuring plan approved in February 2025.
- Where
- Austria
- Why
- To help KTM avoid insolvency, restart operations, and expand globally.
- Acquirer
- Bajaj Auto
- Target
- KTM
- Funding Amount
- €800 million
- Funding Type
- Debt funding, convertible bonds
- Restructuring Process
- Self-administrative
- Restructuring Approval
- February 25, 2025
- Goal
- Revive KTM's business and grow globally