Twitter

Facebook

Youtube

RSS

Hindi News | Samay | UP/Uttarakhand | MP/Chhattisgarh | Bihar/Jharkhand | Rajasthan | Aalami Samay
  Rashtriya Sahara Roznama Sahara
TVS Motor acquires Norton motorcycles
Last Updated : 18 Apr 2020 10:28:13 AM IST
TVS acquires Norton
TVS acquires Norton

 

Two and three-wheeler maker TVS Motor Company Ltd on Friday announced the acquisition of British sporting motorcycle Norton for 16 million pounds (approx $20 mn) and some assets of Norton Motorcycles (UK) Ltd (in administration).

 
In a statement, TVS Motor said the acquisition was made through one of the company's overseas subsidiaries.
 
"This is a momentous time for us at TVS Motor Company. Norton is an iconic British brand celebrated across the world, and presents us with an immense opportunity to scale globally," Joint Managing Director Sudarshan Venu said, as per a statement.

"This transaction is in line with our effort to cater to the aspirations of discerning motorcycle customers. We will extend our full support for Norton to regain its full glory in the international motorcycle landscape," he added.



IANS
Chennai
For Latest Updates Please-

Join us on

Follow us on


What binds the two most talked about nations - India and Pakistan together? What makes the

Raipur-based lawyer Faizan Khan – who was arrested in connection with the extortion-cum-

LG Electronics Inc said on Wednesday that it will introduce new C with its artificial inte

 

Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live
Samay Live

172.31.16.186