GOLDWING MOTORCYCLE PARTNERS, INC.
(NYSE: GLD)–(BUSINESS WIRE)–(BUSITV) NEW YORK, NY–(NYSE:GLD) On April 20, 2019, Goldwing Motorcycle Sales and Services announced that it will be acquiring VICTORY MOTORCAR, INC., for $3.5 million.
The purchase of Victory Motorcycles will create a new, world-class motorcycle retailer that will offer a new generation of motorcycles to the American motorcycle enthusiast.
The company will be known as Goldwing and will operate as a vertically integrated business as well as a new independent company that will operate in the same geographic region.
The acquisition of Victory is expected to create a significant and enduring business in the United States.
Vintage Motorcycles, founded in 2008 by Paul D. McDonough, is a leading manufacturer of the modern motorcycle, a high-performance, all-in-one motorcycle.
Victory is a pioneer in the modern era of motorcycles, offering a wide variety of motorcycle models, including a broad array of motorcycles that combine traditional design and technology to offer unparalleled comfort and versatility.
Victory has also developed the world’s most advanced motorcycle software, including its new Victory 5.0 software suite, the first to combine modern technology with the most advanced technology in motorcycles.
With more than 10 years of experience in motorcycle manufacturing, Goldwings motorcycle manufacturing facilities are the most modern in the world.
Goldwing has been a leader in motorcycle technology for over 30 years.
In 2016, Gold Wings first produced the most-advanced motorcycle ever, the all-new VX650, and continues to design and produce the latest motorcycle technologies.
VX650 was the first motorcycle to use advanced software to create an entirely new riding experience.
As part of the acquisition, Gold Wing will continue to offer the VX450, a sporty motorcycle with a high performance, all in one riding experience, as well the VXX650, a compact, low-riding motorcycle with an all-wheel drive system.
On the same day the announcement was made, the company announced that the company had raised $15.5 billion in additional funding and that it would continue to expand into new markets with a focus on the US.
A company that was founded in the late 1950s and early 1960s, Goldwind has been growing at a fast pace in recent years and has been consistently profitable in recent quarters.
“We are excited to be acquiring Victory Motorcycles, a pioneer of the motorcycle industry, for the new and exciting future that lies ahead,” said John H. Fong, president and chief executive officer of Goldwing.
Goldwing was founded by Paul McDonaugh in 1976, and is headquartered in East Palo Alto, California. “
We look forward to continuing to deliver innovative and premium motorcycles to our customers, customers in the US, and to expand our international footprint,” said Mr. Fons.
Goldwing was founded by Paul McDonaugh in 1976, and is headquartered in East Palo Alto, California.
VICTORIA, COLORADO–(WLAD) The company is planning to close its retail store and discontinue production of motorcycles and accessories in the near future.
The company will close its wholesale store and will focus on expanding into new countries.
The decision to close the wholesale store was made due to the rapidly changing motorcycle market, which has been highly competitive, and the impact the retail store will have on our suppliers and the motorcycle community.
We will continue working with our suppliers to ensure that we continue to deliver the highest quality motorcycle parts and accessories.
THE DIFFERENCE IN MAKING VICTORIOUS MOTORBIKE RENTERS AND INDUSTRY PROFESSIONALS Victory Motorsports, Inc. was founded and has grown from a single-person operation in 1979 to become a major global motorcycle manufacturing company.
During the late 1990s, the Company entered into an agreement with Yamaha to manufacture the VF450.
The agreement resulted in the first production of the VSF450 in the U.S. in 1999.
In 2011, GoldWing Motorcycles purchased Yamaha and continued to supply the VFs450, VF250, VFs 250, VFS 250R, VSF 500 and the VSC 500.
Today, the V-Series of motorcycles is a popular and widely used platform for motorcycle enthusiasts to experience the thrill of motorcycles at a price that is affordable to the average American.
GOLDWING’S INNOVATIVE TECHNOLOGY Victories innovative technology is the result of its innovative, innovative approach to manufacturing motorcycle parts, equipment and accessories for the modern rider.
In addition to developing a complete