KTM AUSTRALIA AND NZ SOLD
he independent distributor of KTM
motorcycles in Australia and New Zealand
(KTM ANZ) has announced it has sold its
remaining shares in the importation business to
KTM AG.
After 25 years as the KTM importer for the
Antipodes, Automotive Holdings Group (AHG)
has sold the remaining 74% share of its
motorcycle importation business to the brand’s
parent company KTM.
AHG has been the exclusive importer and
distributor of the KTM brand for the Australian
and New Zealand market since 1994, with the
Husqvarna Motorcycles and WP Suspension
brands joining the stable in recent years.
The move to full ownership will see KTM Group
Australia and KTM Group New Zealand become
full subsidiaries of the Austrian company. Now
selling more than 11,000 KTM and Husqvarna
Motorcycle units combined, the Australian and
New Zealand business has become the third
largest market in the world for KTM and will
now become the third largest subsidiary for the
company.
“What a journey it has been since our first AHG
Dealer Conference in 1994 and there have been
so many significant milestones along the way,”
said KTM Group Australia and New Zealand
General Manager, Jeff Leisk.
“I am extremely proud to have seen the KTM
and Husqvarna Motorcycle brands go from
strength to strength in both the Australian
and New Zealand markets. 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,” he said.
Hubert Trunkenpolz, KTM’s Chief Marketing
Officer, said, “We are absolutely delighted with
the outcome and our full ownership of KTM
Group Australia and KTM Group New Zealand.
This transaction once again reinforces our
commitment to the Australian and New Zealand
markets. This is a very positive development for
the KTM dealer network and the KTM customer
in both countries.”
The changeover in ownership will take effect
from July 1 2019, with KTM saying there will be
no effect upon the current dealer network or
current staff.