KTM secures investor


KTM is proud to announce a major milestone: after months of dedicated effort and strategic planning, the KTM AG was able to expand its relationship with its long-standing partner Bajaj and secure them as a main investor.

“Today we have been given the opportunity to continue the history of KTM. Together with our long-standing partner Bajaj, we were able to work out a strategy that will enable us to raise a further 600 million euros for our new start in addition to the 200 million euros already made available. The existing sites – in particular our main plant in Mattighofen/Munderfing – will remain the basis for our future success. This means that we will continue to be an important employer for the entire region. In view of this new, second opportunity, we at KTM feel deep gratitude and humility towards all those within and outside our group of companies who have made it possible. I would also like to take this opportunity to thank Stefan Pierer on behalf of all those who have accompanied us along the way. He laid the foundation for one of the world’s best-known motorcycle brands, which has a unique community.” – Gottfried Neumeister, CEO, KTM AG

With renewed energy and unstoppable momentum, KTM is going full throttle into its next chapter.

The PIERER Mobility AG also posted the following press release: 

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  • Restructuring plan quotas of KTM AG, KTM Components GmbH and KTM Forschungs & Entwicklungs GmbH will be fulfilled in time
  • Changes in the Executive Board of PIERER Mobility AG

As announced, the creditors of KTM AG, KTM Components GmbH and KTM Forschungs & Entwicklungs GmbH approved a restructuring plan quota of 30% on February 25, 2025, payable by May 23, 2025. The total and final amount required to finance the quota under the three restructuring plans finally amounted to EUR 525 million.

Bajaj Auto International Holdings B.V. provides the required funds to enable the continuity of the KTM business by funding the quota payment to the creditors in furtherance of KTM’s debt restructuring.

For this purpose, a loan in the amount of EUR 450 million is granted to KTM AG. An additional amount of EUR 150 million is granted to PIERER Mobility AG which passes on the required balance to meet the quota payments to the KTM companies.

Stefan Pierer steps down from the Executive Board of PIERER Mobility AG in June 2025 after the conclusion of the restructuring proceedings. The Supervisory Board appoints Verena Schneglberger-Grossmann, who has been with the group since November 2015, as new member of the Executive Board (Chief Legal Officer) of PIERER Mobility AG supporting the CEO Gottfried Neumeister.