Ducati looking @ purchasing Gas-Gas

GG up for sale

I had to think about this one for a awhile before writing. I agree that Ducati would not be my 1st choice nor would it be the last thing I would want to see. I'm not sure who would buy Gas Gas ( if anyone) due to internal conflicts. When the Cagiva company brought Ducati and Husky together in the late 80's things did not go so well. This is not an "apples to apples" comparison, but I don't think Ducati is all that concerned w/ trials and enduro bikes in their showrooms. One possibility, and this is waaaaaaayy out there is a Japanese company buying into Gas Gas. Honda has done this w/ Montesa.
It would be a Spanish/ Euro manufacturing facility and it would then allow the
japanese parent company to continue focusing on 4 strokes while maintaining a 2 stroke off road line, thus plugging any holes or cracks in the market that KTM now controls. All of this is wild speculation. The Kawasaki-
Suzuki cooperative effort didn't fare so well, Honda already has ties w/ Montesa and Yamaha seems as though they will continue w/ 2 strokes for a while. Like other scenarios there are as many negatives as positives, I have nothing against any of the manufacturers, I just don't want to see Gas Gas
get bought out, and then disappear.
 
Well... It has been another month and still no word(s) for us common
guys on the truth or false of the GasGas for sale rumor.
Anyone got some news to share?
curious and waiting. :rolleyes:
Jeff in So. Cal.
 
Well... It has been another month and still no word(s) for us common
guys on the truth or false of the GasGas for sale rumor.
Anyone got some news to share?
curious and waiting. :rolleyes:
Jeff in So. Cal.

Yep they are still making the best damn enduro bike in the world!:D
 
Just as an update to this thread - Ducati was looking to acquire another company in order to spend some of it's cash - of which it had too much of in the bank.

Too much cash in the bank means that someone will want to buy you to get at that cash...

Fast forward to today -> a consortium led by one of Ducati's major investors has recently acquired ducati. Why? to get at that cash then sell off what's left... Looks like they are selling "what's left" to volkswagen...

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aX6I4.gXCkGg

jeff
 
Vector Capital e Ingenia Capital, sociedad gestionada por Alta Partners, valoran la compañía catalana en 23 millones.


CAIXA PENEDÈS E INGENIA CAPITAL TOMAN EL CONTROL DE GAS GAS



Josep Maria Pibernat, continua con una participación relevante y como presidente de la compañía.



Entre ambos socios financieros adquieren una participación del 65% del fabricante de motos con sede en Girona.



El objetivo de la operación es consolidar la compañía, que cuenta con excelentes productos y afrontar, de este modo, una nueva etapa de crecimiento.



Barcelona, 6 de mayo de 2008.- Gas Gas Motos se dedica al diseño, producción y distribución de motocicletas, especialista en vehículos "off road", siendo líder mundial en el segmento de Trial.



Fundada en 1974 por Josep Maria Pibernat y Narcís Casas, dos expilotos con varios títulos españoles y europeos, desde sus inicios ha estado presente en alta competición con excelentes resultados. Cinco campeonatos del mundo, cuatro de Europa y 12 de España en la modalidad de trial por marcas dan buena muestra del nivel de la firma.



Con 115 empleados, GAS GAS tuvo en 2007 unas ventas de 34,8 millones de €, generando un EBITDA de 1,6 millones y un beneficio neto de 1,5 millones.



Caixa Penedès, a través de su sociedad de capital riesgo Vector Capital, e Ingenia Capital, sociedad de capital riesgo controlada por Alta Partners, adquieren conjuntamente una participación cercana al 65% del capital de Gas Gas.



El objetivo de la operación es ayudar al equipo directivo a desarrollar un ambicioso Plan de Negocio que incluye la reestructuración de la deuda, el lanzamiento de nuevos productos innovadores, el impulso en la red comercial y el crecimiento ordenado de la compañía, cumpliendo con los presupuestos asignados.



Ramón Puente serà el nuevo director general con una participación cercana al 3% del capital. Puente, conjuntamente con Josep María Pibernat, socio fundador que mantiene el capital en la compañía, serán los encargados de desarrollar el Nuevo Plan de Negocio. Narcís Casas y Coller Capital venden la totalidad de sus participaciones en esta operación,



Con este nuevo proyecto, Caixa Penedès refuerza una vez más su voluntad de diversificar sus fuentes tradicionales de ingresos, potenciando su grupo empresarial.



Por su parte, Ingenia Capital, tercera entidad de capital riesgo gestionada por Alta Partners, inicia su actividad inversora desde su constitución en diciembre de 2007.

http://www.jas.es/noticias.php?id_noticia=797&client=15&event=19
 
New investors into GasGas!

Sorry to all of you that hoped Ducati or some other bike manufacturer would invest in GasGas....no Harley, no Polaris, no Ducati. A Spanish bank has boughten out Narcis' share of GasGas while a local Capital risk group from the Salt, Girona area has purchased the other third. Piebernaut ( I may have just butchered that spelling) will remain President of GasGas but effective today, there is a new General Manager to the factory. Official press release to come soon as well as a 2009 press release out tomorrow on our site and the GasGas USA site. A few interesting but good changes to the 2-stroke line-up.......don't expect HUGE changes, but then again they aren't needed are they.....

Narcis will be concentrating his efforts on his "Hebo" clothing line.
 
Capital vector and Capital Ingenia, society managed by High Partners, value the Catalan company in 23 million. CAPITAL Caixa PENEDÈS And INGENIA TAKES The CONTROL FROM GAS GAS Josep Maria Pibernat, continuous with an excellent participation and like president of the company. Between both financial partners they acquire a participation of 65% of the manufacturer of motos with seat in Girona. The objective of the operation is to consolidate the company, that counts on excellent products and to confront, this way, a new stage of growth. Barcelona, 6 of May of 2008. - Gas Gas Motos is dedicated to the design, production and distribution of motorcycles, specialist in vehicles "off road", being world-wide leader in the segment of Trial. Founded on 1974 by Josep Maria Pibernat and Narcís Houses, two expilotos with several Spanish and European titles, from its beginnings have been present in high competition with excellent results. Five championships of the world, four of Europe and 12 of Spain in the modality of trial by marks give good sample of the level of the company/signature. With 115 employees, GAS GAS had in 2007 sales of 34.8 million of, generating a EBITDA of 1.6 million and a net benefit of 1.5 million. Caixa Penedès, through its society of capital risk Capital Vector, and Capital Ingenia, society of capital risk controlled by High Partners, jointly acquires a participation near 65% of the capital of Gas Gas. The objective of the operation is to help the directive equipment to develop an ambitious Plan of Business that includes the reconstruction of the debt, the launching of new innovating products, the impulse in the commercial network and the ordered growth of the company, fulfilling the assigned budgets. Ramon Bridge serà the new chief of a main directorate with a participation near 3% of the capital. Bridge, jointly with Josep Maria Pibernat, founding partner whom the capital in the company maintains, will be the ones in charge to develop the New Plan of Business. Narcís Casas and Capital Coller sell the totality of their participation in this operation, With this new project, Caixa Penedès reinforces its will once again to diversify to its traditional sources of income, harnessing its enterprise group. On the other hand, Capital Ingenia, third organization of capital risk managed by High Partners, initiates its investing activity from its constitution in December of 2007. http://www.jas.es/noticias.php?id_

This is a Bablefish translation.
 
Back
Top