Royal Enfield is understood to have been approached to acquire Italian superbike maker Ducati , owned by Germany's embattled Volkswagen group.According to reports, VW, reeling under a crippling diesel emissions scandal, has tasked investment banking boutique Evercore to evaluate possible options for a sale of Ducati. Sources said that Eicher Motors - which is looking to attain global leadership for Royal Enfield in the middle-engine category - is examining the terms related to the acquisition, possible asking price, and how Ducati could fit within its own fast-growing operations.Eicher declined to comment. These are priced between Rs 1.2 lakh and Rs 2.45 lakh (on-road) in Delhi. Anything which de-focuses us from our idea, we will not do," Lal said.Apart from experiencing robust growth in demand, Royal Enfield's success has also meant that Eicher Motors is in the list of most profitable auto companies. "These thoughts could become a reality in the medium to long term," Andrea Buzzoni, global sales & marketing director for Ducati said in February.
Source: Times of India May 07, 2017 22:16 UTC