Ducati's ever changing ownership is once again in play. According to Dealernews, Performance Motorcycles S.p.A. a new group formed in April made up of the 3 largest shareholders of Ducati, Investindustrial, BS Investimenti and Hospitals of Ontario Pension Plan (HOPP) will be the new owners.
Ducati leadership says a draft of the merger plan will be drawn up and subsequently approved by the board of directors in September. ...
The deal has been approved by CONSOB — Italy's official body for regulating and supervising companies and stock exchanges. The merger will cause the delisting of Ducati by the end of the year
Ducati has been swapped around a lot in recent years, I wonder how long before this group sells to someone else.
Link: Dealernews via Twisting Asphalt
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Hospitals of Ontario Pension Plan… what?
As someone living in Ontario, thats a name I never thought I’d see in the same phrase as Ducati, let alone the same paragraph.
Charles – Someone has to ensure the geriatrics are still able to purchase ducks during their pension years.
Joe – more likely looking for organ donors rather than bikes
Public sector pension plan managers are some of the biggest investment managers in the world….
As long as the shareholders groups keep their directors from meddling in the operations of the business’ things should be just fine!!
Follow the money
Opus Dei was once a really big shareholder in Ducati, so it is hard to see a surprise in their ownership.