Italian motorcycle maker Ducati considers Hong Kong listing
Italy-headquartered private equity firm Investindustrial is considering listing its portfolio motorcycle company Ducati in Hong Kong in 2012.
According to reports, Investindustrial will decide to exit its 84.6% stake in Ducati via an IPO or a sale in the coming months. The Sunday Times reported Ducati has a market value of GBP865 million ($1.4 billion), and claimed EBITDA of GBP79 million in 2010.
If Ducati is launches its IPO in Hong Kong, it would be the latest European luxury brand to make its debut in the market in recent months, following L'Occitane, Prada and CVC-backed Samsonite's listings.
Investindustrial purchased Ducati in 2008, revamping the brand and its balance sheet via the launch of new motorcycle models.
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