Mahindra acquires BSA Company and signs licensing agreement with Jawa
Mahindra’s subsidiary, Classic Legends Private Limited will re-introduce the iconic BSA and JAWA brands with new products in around two years
Mahindra and Mahindra isn’t done with acquiring automobile brands yet. In 2015, it had acquired a 51 per cent stake in Europe based Peugeot Motorcycles. Now, it has acquired an iconic British motorcycle brand.
Classic Legends Private Limited (CLPL), a subsidiary of Mahindra and Mahindra, has acquired BSA Company for around Rs 28 crore. Mahindra and Mahindra owns a 60 per cent stake in CLPL. This acquisition will allow...
Currently, Europe and Latin America are the two largest export markets for the Korean SUV major, which is present in over 90 markets and had shipped two-thirds of its production in the last financial year
Auto major Mahindra and Mahindra today said it was "cautiously optimistic" on total sales this fiscal even as it has clocked a growth rate of 21 percent so far.
Indian vehicle maker Mahindra & Mahindra has expressed an interest in buying car designer Pininfarina but no deal has been reached yet, the Italian company confirmed on Thursday.