The future of GasGas begins to clear. After years of financial problems and various names at the head of its management, the historic Catalan manufacturer will be able to breathe with relief after Black Toro Capital – owner of the brand for three years – and the KTM Group have closed an agreement for a ‘ join venture ‘that allows the global relaunch of GasGas.
KTM Industries AG (in the future renamed to PIERER Mobility AG) – as one of the global leading European Powered Two-Wheeler (PTW) companies – announces plans to further develop its presence in Spain!
KTM Industries announces that it has successfully concluded negotiations with Black Toro Capital – the owners of GASGAS Motorcycles – about a future industrial cooperation with the famous Spanish motorcycle brand GASGAS under the lead of KTM Industries AG.
A cooperation was signed and both partners see this as a starting point for a bright future of the international well-known brand GASGAS. New models will be developed alongside the Trial and Enduro bikes of GASGAS.
As part of the Joint Venture the production of GASGAS products and TORROT electric vehicles will be continued in Girona/Spain.
It is intended that GASGAS will be added, alongside KTM and HUSQVARNA Motorcycles & eBikes as third brand to the strong sales network of the KTM Industries group (PIERER Mobility group). The Deal is subject to antitrust authorities’ approval.