Bajaj Mobility (formerly Pierer Mobility, KTM AG) brands
Austrian listed holding of the KTM, Husqvarna and GasGas motorcycle brands, renamed from PIERER Mobility AG in January 2026 and now a Bajaj Auto subsidiary.
Bajaj Mobility (formerly Pierer Mobility, KTM AG) owns 4 brands today: KTM, Husqvarna, Gas Gas and Husaberg.
- Founded
- 1934
- Country
- Austria
- Headquarters
- Mattighofen
Brands Bajaj Mobility (formerly Pierer Mobility, KTM AG) owns today
Most registered first, each with its most registered models.
Bajaj Mobility (formerly Pierer Mobility, KTM AG) timeline
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Hans Trunkenpolz founded a metal and car workshop in Mattighofen, the root of KTM.
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Stefan Pierer and his Cross Industries company took over KTM.
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KTM began cooperating with the Indian Bajaj Group on entry-level 125-390 cc street bikes.
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KTM group acquired the Husqvarna motorcycle brand from BMW.
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Pierer Mobility took the GASGAS motorcycle brand as its third brand.
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Ownership simplified: Bajaj Auto International Holdings B.V. held 49.9% of Pierer Bajaj AG, the majority shareholder of Pierer Mobility AG.
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KTM AG bought 25.1% of MV Agusta Motor S.p.A. by capital increase.
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KTM AG raised its MV Agusta stake to 50.1% in spring 2024.
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KTM AG applied for a court restructuring procedure with self-administration at the Regional Court of Ried.
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Agreed to sell the MV Agusta majority stake to minority shareholder Art of Mobility S.A.; closing 9 July 2025.
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KTM AG creditors accepted the restructuring plan.
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Bajaj Auto International Holdings B.V. funded the creditor payment with a EUR 450 million loan to KTM AG; on 22 May 2025 it also took a call option on Pierer Industrie's shares in Pierer Bajaj AG.
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PIERER Mobility AG became Bajaj Mobility AG, headquartered in Mattighofen; Pierer Bajaj AG was to become Bajaj Auto International Holdings AG.
Who owns Bajaj Mobility (formerly Pierer Mobility, KTM AG)
- Most of Bajaj Mobility (formerly Pierer Mobility, KTM AG) is owned by Bajaj Auto International Holdings AG (formerly Pierer Bajaj AG), since 2021.
- All of Bajaj Auto International Holdings AG (formerly Pierer Bajaj AG) is owned by Bajaj Auto, since 2025.
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