TVS Motor to Acquire Italy’s Engines Engineering, Set Up Global Design Hub in Bologna

TVS Motor Co. Ltd. on Thursday said it will acquire 100% stake in Engines Engineering S.p.A, an Italian automotive design and engineering company. The acquisition will help TVS set up its global centre of excellence for design and engineering in Bologna, Italy, to deliver mobility solutions for international markets.

Engines Engineering is known for advanced prototyping, innovation in high-performance motorcycles, and experience in MotoGP racing, TVS Motor said. The Bologna centre will be built as a concept-to-product innovation hub, with Engines Engineering’s expertise integrated into TVS Motor’s global research and development capabilities.