TVS Motor acquires UK-based Norton Motorcycles, Auto News, ET Auto

Norton will continue to retain its distinctive identity with dedicated and specific business plans.
Norton will continue on to retain its distinct identity with dedicated and precise business enterprise plans.

New Delhi: Residence-developed automaker TVS Motor Firm on Friday declared the acquisition of Britain’s sporting motorbike, “Norton”.

It took position in an all-cash deal for a thing to consider of GBP16 million by obtaining particular property of Norton Bikes (U.K.) Confined (in administration) as a result of just one of TVS Motor’s abroad subsidiaries, the automaker informed in a release.

Sudarshan Venu, Joint Controlling Director, TVS Motor Firm reported, “This is a momentous time for us at TVS Motor Firm. Norton is an legendary

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