Royal Enfield is understood to have been approached to acquire Italian superbike maker Ducati, owned by Germany’s embattled Volkswagen group.
The Italian company could fetch a valuation of Ducati of about $1.5 billion euros (approximately Rs 10,500 crore), according to estimates.
Eicher declined to comment. “We can’t talk to you on such things,” Siddhartha Lal, MD & CEO of Eicher Motors.
Ducati is owned by Volkswagen’s premium car division, Audi, and was acquired by the German auto major in 2012 for 860 million Euros (about Rs 6,000 crore).
Royal Enfield will hope to gain from Ducati’s iconic branding, technology prowess, heavy-bikes portfolio, and a good network in developed markets.
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