On The Pegs November 2019 - Volume 4 - Issue 11 | Page 29

On The Pegs
Vol. 4 Issue 11 - November 2019
29
KTM ACQUIRES STAKE IN GAS GAS
KTM has announced that it has acquired a 60% stake in GasGas, which they
indicate is a joint effort to develop new bikes and to strengthen KTM’s reach in
the Spanish market. Black Toro Capital, the owners of GasGas Motorcycles, will
retain 40% of the venture.
According to sources, manufacturing will remain in Spain and new models will
be developed, along with the Trials and Enduro machines, while Torrot contin-
ues to produce electric motorcycles. GasGas is one of the world’s leading manu-
facturers of Trials bikes.
US Importer Mark Berg indicated to On The Pegs that it was “business as usual”
at GasGas North America and operations are proceeding as usual.
According to a statement, KTM wishes to add the storied GasGas brand to its
existing KTM and Husqvarna lineup, and there are even rumors of a GasGas mo-
tocross bike.