Bajaj’s KTM Takeover Receives Official Clearance from Austrian Authorities
Indian two-wheeler giant Bajaj Auto has received official approval from the Austrian Takeover Commission to take control of PMAG, the parent company of KTM AG. This clearance comes under a restructuring privilege exemption, allowing Bajaj to gain control without launching a mandatory public takeover offer.The move marks a significant milestone in Bajaj’s longstanding partnership with KTM, reinforcing the indian manufacturer’s influence in the premium motorcycle segment. Bajaj and KTM have collaborated for decades, with Bajaj handling manufacturing, distribution, and market expansion, particularly in Asia and emerging markets.With this formal clearance, Bajaj now has the authority to strategically steer KTM’s growth plans, including product development, global expansion, and innovation in electric and high-performance motorcycles. industry analysts see the approval as a step toward strengthening Bajaj’s global footprint while consolidating its position as a key player in the premium two-wheeler market. Disclaimer:The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.