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April 2020

TVS acquires Norton, Britain’s most iconic sportbike brand

TVS Motor Company on Friday announced the acquisition of the UK’s most iconic sports motorcycle, the ‘Norton’, in an all-cash deal, for £ 16million, by acquiring certain assets of Norton Motorcycles (UK) (under administration), via one of TVS Motor’s Overseas Weapons. It would be one of the most exciting acquisitions by a reputable motorcycle maker, […]

TVS in talks to buy British motorcycle brand Norton

Local two- and three-wheeler maker TVS Motor Co. Ltd is in talks with well-known British motorcycle maker Norton Motorcycles (UK) Ltd to own the brand, along with its assets and liabilities, two people familiar with the development said at condition of anonymity. Norton Motorcycles, 122, ran out of money in January and did not pay […]