Paolo Berlusconi Offers to Buy Moto Morini

Paolo Berlusconi who already owns Garelli and is the brother of Italy’s PM Silvio Berlusconi, has veered his rumored interest from MV Agusta to Moto Morini, another iconic Italian motorcyle company.
With a bid of 2.
9 million euros, the Italian manager is in pole position against a consortium of Canadian buyers to buy out the marque, thus avoiding that the company, who has much of it’s long history in Italian road racing (including Giacomo Agostini’s first victory) falling into foreign hands.

Moto Morini is at the present in voluntary liquidation, so the bid will have to go through the usual and complex procedures that includes debtor courts and worker unions, but at least two offers for the Casalecchio di Reno based company is better than being closed down definitely.