Bajaj Auto Limited's wholly-owned subsidiary, Bajaj Auto International Holdings B.V. (BAIH), has received clearance from the European Commission to proceed with its acquisition of control over PIERER Mobility AG. This development marks a significant step in Bajaj Auto's international expansion strategy and may strengthen its position in the European motorcycle market.

Key Highlights of the Acquisition

• The European Commission has decided not to initiate an in-depth investigation under the Foreign Subsidies Regulation.
• BAIH can now acquire Pierer Industrie AG's 50.1% stake in Pierer Bajaj AG.
• This acquisition will give BAIH indirect control over PIERER Mobility AG, the parent company of KTM.
• Pierer Bajaj AG holds a 74.9% stake in PIERER Mobility AG.

Timeline and Regulatory Approvals

Implications and Next Steps

The clearance from the European Commission marks the fulfillment of all regulatory requirements for Bajaj to take control. This strategic move is expected to strengthen Bajaj Auto's global presence, particularly in the European motorcycle market.

According to the LODR data, BAIH informed PIERER Mobility AG about the receipt of the notification from the European Commission on November 10, 2025. PIERER Mobility AG subsequently issued a press release confirming that the takeover may proceed to completion as of November 11, 2025.

The closing of the change of control is anticipated in the coming weeks, which will see BAIH become the sole owner of Pierer Bajaj AG. This acquisition is a significant step for Bajaj Auto Limited, potentially enhancing its global market position and product portfolio through the indirect control of KTM.

As this corporate action unfolds, investors and industry observers will be keen to see how Bajaj Auto leverages this acquisition to drive growth and innovation in the competitive global motorcycle market.

Bajaj Auto , a leading player in the Indian motorcycle market, has shared its outlook for the industry's growth in the medium term and outlined ambitious targets for its export and three-wheeler segments. During a recent conference call update, the company provided insights into the expected trajectory of the motorcycle sector and its own expansion plans.

Industry Growth Forecast

Bajaj Auto has projected a growth rate of 6-8% for the motorcycle industry in the medium term. This forecast suggests a positive outlook for the sector, indicating potential opportunities for both manufacturers and investors.

Key Points for Industry Growth

• Growth Range: 6-8%
• Time Frame: Medium term
• Source: Conference call update by Bajaj Auto

This projection from Bajaj Auto, a significant player in the Indian two-wheeler market, offers valuable insights into the industry's potential performance. The forecast suggests a steady growth trajectory, which could have implications for various stakeholders in the motorcycle industry.

Bajaj Auto's Expansion Plans

In addition to the industry outlook, Bajaj Auto has set ambitious targets for its own business:

These targets are part of Bajaj Auto's broader business expansion strategy, demonstrating the company's confidence in its ability to outperform the overall industry growth rate in specific segments.

While the company has shared these projections and targets, it's important to note that actual market performance may be influenced by various factors, including economic conditions, consumer preferences, and regulatory changes. Investors and industry observers might want to consider these projections alongside other market indicators and expert analyses for a comprehensive understanding of the sector's prospects and Bajaj Auto's potential performance.