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Does Polaris still own 25% of KTM?

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  #1  
Old 10-19-2007, 02:06 PM
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Default Does Polaris still own 25% of KTM?

If you read this it sound like they do .

<div class="FTQUOTE"><begin quote>Polaris Industries manufactures a full line of all-terrain vehicles (ATV), snowmobiles, Ranger utility vehicles in 2wd, 4wd or 6wd, Victory Motorcycles and EU rated quadcycles. Polaris no longer manufactures personal water craft or sportboats. Based in Medina, Minnesota. Stock symbol: PII. Owns approximately 25% of KTM of Austria.</end quote></div> Source

But if you read this .Source

<div class="FTQUOTE"><begin quote>In the fiscal or business year ending in 2005, KTM Sportmotocycles AG delivered 80,000 motorcycles worldwide and began a partnership with Polaris Industries. Under the terms of the agreement, the two companies will help one another to extend their brands into the other's home market, KTM extending their reach into North America, and Polaris extending into Europe. This partnership is a two year trial arrangement, at the end of which both parties are giving the option of merging the two companies into one. In 2006 KTM announced that the partnership with Polaris had been ended early, and would instead only supply their 525cc RFS engines to the ATV manufacturer. KTM also announced their intention to enter the ATV market with either a late 2007 or 2008 model-year release.</end quote></div>

It sounds like the deal is no more or did Polaris keep 25% of KTM stocks before going there separate ways?
 
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Old 10-19-2007, 06:28 PM
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Default Does Polaris still own 25% of KTM?

Polaris sold back 20%, so still own 5%. They are still working together as far as parts, but no joint venture for any model together.
 
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Old 10-25-2007, 09:08 PM
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Default Does Polaris still own 25% of KTM?

Why is this? No Dice? Dont get along? seems like two great companies making one great product to me
 
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Old 10-26-2007, 05:57 AM
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Default Does Polaris still own 25% of KTM?

<div class="FTQUOTE"><begin quote>Originally posted by: Polaris500HO4x4

Why is this? No Dice? Dont get along? seems like two great companies making one great product to me</end quote></div>

Merging companies from different countries can be more problematic than one may believe it to be at first glance. The corporate culture of the two companies are many times quite different and that can cause all sorts of problems at nearly all levels of both of the organizations. One might think it wouldn't be as bad when merging the corporate structures of a European company as opposed to a Japanese or Korean one but the differences and difficulties can be quite surprising and difficult to resolve. Just dealing with overseas offices or divisions within a company can be difficult enough.

Many a merger or business deal like the one between KTM and Polaris which has been hatched by board members at a conference table has fallen apart when the Grand Plans are actually implemented by those lower on the food chain. People and corporate cultures sometimes just don't mesh. It is one thing to have these Grand Plans but implementing them and making them work in a practical sense on a daily basis can be extremely difficult and not as fruitful as they seemed as everyone sat around that conference table.
 
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