Recently TVS motors procure Norton Motorcycles in GBP 16 billion
India’s leading two-wheel manufactures, TVS motors recently announced that they acquire the most trustable British Brand Norton Motorcycles with GBP 16 billion. It was all-cash-deal which is around 153 crores in Indian currency.
The TVS said it will be the most interesting deal of India that our TVS motor company has rapidly grown in the international level.
A look at TVS motors
In India, the TVS motors placed at number 3 position for two-wheeler manufactures and leading exporter of two-wheelers in international country UK. The Joint manager of TVS motors commenting on this news and said, it is a proud moment for TVS Motors Company. Norton is an outstanding company and we have an immense opportunity to showcase globally. This deal fully goes to our satisfied customers all over India and we will do our best to regain the trust and glory at the international level.
Norton is the leading two-wheeler manufactures that contributing to business plans with distinctive approaches. Thus, the TVS will also work for customers globally and build a higher success rate to go forward in the business in upcoming years.
A press statement
The press says, the TVS motors are highly excited about the deal and showcasing upcoming products of Norton like a commando, dominator, etc. we will extend our global reach and supply chain opportunities. We have a collaboration with BMW Motorrad under which we have manufactured BMW G310 and BMW G 310 GS.
Whereas the Norton was established in 1898 by James Lansdowne. It is the most trustable and popular motorcycle company among other brands. In 2020, Norton will create a fresh lead with the team partner TVS motors.