Categories: motori minarelli s.p.a.

8 October 2020 01:30

Yamaha Motor Europe intends to reinforce a cooperation with Fantic Motor, including transferring all issued shares of its group company Motori Minarelli to Fantic Motor

IWATA, October 8, 2020 - Yamaha Motor Europe N.V. (hereinafter “YMENV”), a subsidiary of Yamaha Motor Co., Ltd. (Tokyo: 7272) that sells products in Europe, began consultations with the European Works Council (EWC) concerning its intent to transfer all issued shares of Motori Minarelli S.P.A. (hereinafter “MM”), a YMENV group company manufacturing motorcycle engines in Italy, to Fantic Motor S.