MoneyWorks4Me

TVS Motor Company acquires Britain's iconic bike manufacturer Norton Motorcycles

18 Apr 2020 Evaluate

TVS Motor Company has acquired Britain's iconic bike manufacturer Norton Motorcycles for GBP 16 million (around Rs 153 crore). Founded by James Lansdowne Norton in Birmingham in 1898, Norton Motorcycles is among the most popular British motorcycle brands of all time.

Norton Motorcycles is known for its classic models and range of luxury motorcycles ranging from authentic retro classic reboots of the famous Commando to its contemporary 200 bhp, 1200cc V4 superbikes. The transaction is in line with the company's effort to cater to the aspirations of discerning motorcycle customers.

TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Peers
Company Name CMP
Bajaj Auto 9650.00
TVS Motor Company 3860.00
Hero MotoCorp 4860.00
Eicher Motors 6790.00
OLA Electric Mobilit 34.50
View more..