Archive · 26 Sep 2025
TVS Motor Acquires Italian Firm, Stock Rises
TVS Motor is buying a design company in Italy called Engines Engineering.
This company will help them build a new center for design and engineering.
The goal is to make better motorcycles, scooters, and electric vehicles faster.
They also hope to improve their Norton Motorcycles brand, which makes high-performance bikes.
TVS Motor Company acquired Engines Engineering S.p.A.
The acquisition is for establishing a Global Centre of Excellence (CoE) in Bologna, Italy.
TVS Motor's stock rose 2% following the announcement.
The CoE will integrate Engines Engineering's expertise with TVS Motor's R&D.
The initiative aims to expand the premium product pipeline, including Norton Motorcycles.
- Who
- TVS Motor Company
- What
- Acquired Engines Engineering S.p.A. to establish a Global Centre of Excellence (CoE)
- When
- Acquisition expected to be completed by October 1
- Where
- Bologna, Italy
- Why
- To strengthen capabilities and accelerate product development.
- Company
- TVS Motor Company
- Stock Increase
- 2%
- Acquisition
- Engines Engineering S.p.A.
- Acquisition Cost Per Share
- €5.05
- Total Acquisition Consideration
- €5.05 million
- CoE Location
- Bologna, Italy
