KTM has taken various entities responsible for importation and distribution of KTM and Husqvarna motorcycles in Australia and New Zealand into full ownership.
Its stake in the lead company, Motorcycle Distributors Australia Pty, has risen from 26% to 100%. The purchase includes key sales subsidiary Butmac Pty, which has been the exclusive importer and distributor of KTM for the Australian and New Zealand market since 1994. More recently, Husqvarna bikes and WP suspension were added to its portfolio.
Now selling more than 10,000 KTM and Husqvarna machines annually, the Australian and New Zealand business has become the Austrian parent’s third largest market in the world and therefore Motorcycle Distributors Australia Pty Ltd is now the third largest subsidiary under the KTM banner.
Commenting on this buy-out, Motorcycle Distributors Australia Pty general manager Jeff Leisk said: “We have built strong relationships with our dealers and our customers and this has been the key to our success. Becoming a factory-owned subsidiary will increase the level of support that we can offer our dealer network, our staff and our customers, so I am excited about the next chapter.”
KTM Industries chief sales officer Hubert Trunkenpolz added: “The change of ownership is a significant development for both the company and the market, but there will be no impact on KTM group staff or the established dealer networks for KTM, Husqvarna and WP.”