GasGas, New Investors

[gasgasman]

http://www.enduromagazine.com/ktm-y-...ZW58nUn0w2tulo

From Google translate.

KTM and Black Toro Capital create a ?joint venture? to reactivate Gas Gas

The KTM group and Black Toro Capital (BTC) have agreed to create a ?joint venture? for the global launch of the Gas Gas brand, which will allow the production of the Salt (Girona) plant to be expanded. As reported by the investment fund in a statement, the Salt factory will continue, additionally, serving the production of the Torrot electric vehicle. Specifically, KTM has a 60% stake in the new company, while the remaining 40% corresponds to Black Toro, sources close to the fund have reported.
This alliance aims to launch Gas Gas internationally with the development of new models. The collaboration will involve the expansion of the brand catalog under the commercial and technological umbrella of KTM. KTM will also take advantage of the knowledge of the BTC, Gas Gas, Torrot and Muving firms in the electric urban mobility segment.
?It is a great step forward in our Gas Gas consolidation project as a world leader in trial. It allows us to develop a new phase of growth for GasGas, incorporating new motorcycle models with cutting-edge technology and everything, with the best possible partner. The ?joint venture? guarantees a bright future for our brand and for the Girona plant, ?said Ram?n Betolaza, managing partner of BTC.
Source: El Peri?cico