Gottfried Neumeister, CEO of KTM AG
Gottfried Neumeister, CEO of KTM AG
KTM and Bajaj enter new strategic relationship
After months of strategic planning, KTM AG has successfully expanded its relationship with long-standing partner Bajaj and welcomed Bajaj as a major investor. With this milestone announcement, KTM is establishing new foundations for growth.
Building on the existing collaboration with Bajaj, this investment is expected to further strengthen technological collaboration and market expansion. The two companies are already collaborating on multiple models, and this latest round of funding will elevate the relationship to a more strategic level.
Details of the total funding of €800 million
KTM has developed a strategy to raise an additional 600 million euros in addition to the 200 million euros already raised. This significant capital raise will enable KTM to accelerate the restructuring of its business and investments in its future.
Priority will be given to strengthening existing locations, particularly investing in the main plant in Mattighofen/Munderfinn, which will remain the foundation of KTM’s success and continue to be a significant employer in the region.
Comment from CEO Gottfried Neumeister
Gottfried Neumeister, CEO of KTM AG, said the following about the announcement:
“Today, we have another opportunity to continue the story of KTM. Working with our long-standing partner Bajaj, we have developed a strategy to raise an additional 600 million euros for a fresh start, on top of the 200 million euros already raised.”
Emphasizing the importance of existing bases
Neumeister is clear that existing locations, especially the main plant in Mattighofen/Munderfinn, will continue to be the foundation of KTM’s success , meaning that it will remain an important employer not only in the region but also at its international locations.
KTM is deeply grateful for the support it has received from everyone inside and outside the group regarding this new opportunity, and it approaches the situation with a sense of humility.
Thanks to Stefan Piera
On behalf of all those who have worked together, KTM also expressed its gratitude to Stefan Pierer, praising his achievements, saying, “He laid the foundation for KTM, one of the world’s leading motorcycle brands and with its unique community.”
Future prospects for the KTM brand
With renewed energy and ready to accelerate once again, KTM is moving full steam ahead into a new chapter. With this latest round of funding, KTM will accelerate its technology development, product range expansion and market penetration.
The strategic partnership with Bajaj is expected to strengthen business expansion in the Asian market. Combining the technologies and resources of both companies will enable more competitive product development and the establishment of an efficient production system.
Strengthening competitiveness in the global market
With this large-scale fundraising, KTM plans to further strengthen its competitiveness in the global market by investing in new technologies and expanding production capacity to meet the advancement of electrification and growing demand in emerging markets.
