sirdabalot Posted October 11, 2015 Report Share Posted October 11, 2015 (edited) Has there been an anouncement about the Gas Gas takeover yet and what about Ossa? Edited October 11, 2015 by sirdabalot Quote Link to comment Share on other sites More sharing options...
baldilocks Posted October 11, 2015 Report Share Posted October 11, 2015 Announcement due Friday Quote Link to comment Share on other sites More sharing options...
baldilocks Posted October 15, 2015 Report Share Posted October 15, 2015 As in tomorrow Quote Link to comment Share on other sites More sharing options...
dabber Posted October 16, 2015 Report Share Posted October 16, 2015 Sherco potentially purchasing GG? Look on www.trialworld.es and use Google translate. Quote Link to comment Share on other sites More sharing options...
crazybond700 Posted October 16, 2015 Report Share Posted October 16, 2015 (edited) One of three offers yes. (according to the article) English link (translated) https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Ftrialworld.es Edited October 16, 2015 by crazybond700 1 Quote Link to comment Share on other sites More sharing options...
cascao Posted October 16, 2015 Report Share Posted October 16, 2015 Good news? http://www.trialworld.es/sherco-irg-y-torrot-presentan-una-oferta-vinculante-por-gas-gas/ Quote Link to comment Share on other sites More sharing options...
Andy Posted October 16, 2015 Report Share Posted October 16, 2015 Multiple topics merged Quote Link to comment Share on other sites More sharing options...
smokey125 Posted October 16, 2015 Report Share Posted October 16, 2015 Wonder what Sherco’s long term plan would be if they got Gas Gas? With both companies supplying a very similar range of bikes to what are very small niche markets, it seems like a strange move! Quote Link to comment Share on other sites More sharing options...
craigh88 Posted October 16, 2015 Report Share Posted October 16, 2015 I can only see the Spanish site, what is the bottom line of it then? Is it a definite take over or just more talks Quote Link to comment Share on other sites More sharing options...
michael_t Posted October 16, 2015 Report Share Posted October 16, 2015 (edited) Three companies have submitted binding offers to buy GasGas the judge will need to decide who it goes to. the three companies are Sherco, IRG, and Torrot. not sure how long the judge will take to decide and no clue what the different companies will do if they get it. IRG is an investment fund so I would guess they would want to flip it. Torrot is a bicycle company that wants to build motorcycles so that makes some sense. Sherco is a head scratcher they already have almost the same product line maybe they just want to cut off the competition but with TRS and Vertigo out there that doesn't make a lot of sense in my mind. Edited October 16, 2015 by michael_t Quote Link to comment Share on other sites More sharing options...
neils on wheels Posted October 16, 2015 Report Share Posted October 16, 2015 I can only see the Spanish site, what is the bottom line of it then? Is it a definite take over or just more talks Apparently there are three companies who have made bids. Sherco is one of them. The administrator who is winding up Gas Gas will decide which of the offers to accept. Quote Link to comment Share on other sites More sharing options...
craigh88 Posted October 16, 2015 Report Share Posted October 16, 2015 Thanks guys. Fingers crossed whoever gets it can get GG back on track Quote Link to comment Share on other sites More sharing options...
wakka Posted October 16, 2015 Report Share Posted October 16, 2015 Quote Link to comment Share on other sites More sharing options...
dan williams Posted October 17, 2015 Report Share Posted October 17, 2015 What exactly are they bidding on though? The name? The facilities? The patents? For Sherco I can see it as an expansion of manufacturing capacity. A bicycle manufacturer that makes kids electrics is very interesting. No telling what their plans are. I agree an investment fund is likely to polish it and divest as soon as possible (profitable). Perhaps the bicycle manufacturer is looking to expand into adult electrics. That would be very cool. Just have to wait and see I guess. 1 Quote Link to comment Share on other sites More sharing options...
nigel dabster Posted October 18, 2015 Report Share Posted October 18, 2015 I actually think the Sherco thing is not so daft. they have Scorpa as a seperate brand now, so would the new Gas Gas be any difference to having Seat vw and Skoda all owned by one company? 1 Quote Link to comment Share on other sites More sharing options...
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