TVS Motor Company has acquired a majority interest in Ebco Ltd, which owns the Ebco brand and distributes German brand Corratec (IKO Europe GmbH). For two and three-wheeler manufacturer TVS Motor, acquiring Ebco is the latest phase of its initiative to establish a solid European footprint in the e-bike market. …
Read More »TVS Motor Company acquires 75% stake in Swiss E-Mobility Group
TVS Motor Company has acquired a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company’s commitment to expansion in Europe, the company said, through a portfolio of premium and technology leading brands, including Norton Motorcycles and EGO Movement. SEMG’s portfolio of Swiss mobility brands includes …
Read More »TVS Motor Company forms strategic partnership with e-bike brand EGO Movement
TVS Motor Company has announced its partnership with Swiss e-bike brand EGO Movement as a majority shareholder. TVS Motor intends to expand its portfolio of sustainable and scalable personal mobility solutions and brands in the area of electromobility and ‘recognised the potential’ in EGO Movement. Joint managing director of the …
Read More »