TVS Motor Company has agreed to acquire 100% ownership of Engines Engineering S.p.A., an Italian automotive design and engineering powerhouse.
In a stock exchange filing, the company said the total consideration for the acquisition will be EUR 5,050,000.
Engines Engineering had a total revenue of EUR 11,282,556 in calendar year 2024.
TVS Motor also announced the establishment of its Global Centre of Excellence (CoE) for Design and Engineering in Bologna, Italy.
The CoE is designed as a concept-to-product innovation hub, seamlessly integrating Engines Engineering’s expertise with TVS Motor’s global R&D capabilities, it said in a statement.
In addition to bolstering TVS Motor’s premium and future-ready product pipeline, the CoE will also add new capabilities to Norton Motorcycles, the company’s iconic British marque, supporting its ambition to craft modern luxury motorcycles with cutting-edge performance and design.
“By combining the creativity and racing expertise of Engines Engineering with our engineering and design strengths, we are expanding our ability to deliver premium, connected, and electric vehicles that set new global benchmarks. Importantly, this Centre of Excellence further augments Norton’s capabilities, enabling it to advance its craft of exceptional high-performance motorcycles that not only honour its iconic legacy but also elevate its future ambitions,” Sudarshan Venu, Chairman, TVS Motor Company said.
TVS Motor said it will be able to reduce product development cycles, enhance design flexibility, and expand its premium portfolio, including high-displacement motorcycles, advanced scooters, and new electric mobility platforms.
Published – September 25, 2025 10:49 pm IST