Friday, August 29, 2008

M&M may acquire Malaguti

After taking over Kinetic Motors, M&M may acquire Malaguti and is also looking at possibilities for a tie-up with Loncin. Malaguti is an Italian two-wheeler manufactures that makes stylish, high-tech and sporty scooters. This move will help M&M to get a slice of the rapidly growing high-end two-wheeler segment of India.

M&M has plans to take Kinetic's product portfolio to the next level, for which the tractor major is considering alliances, and acquisitions in Europe, Taiwan and China.

There are reports that M&M is considering a strategic alliance with Loncin, one of the biggest motorcycle manufacturers in China.

Hope with all these alliances, acquisitions and tie-up M&M come up with a great mix-and-match recipe... this reminds me of the yummy 'khichri' my mom makes!