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Zhongneng Vehicle Group acquista Moto Morini srl




AUTJANN SRL ANNOUNCES THE SALE OF 100% OF THE SHARE CAPITAL OF MOTO MORINI SRL TO ZHONGNENG VEHICLE GROUP CO., LTD.


Autjann is the holding company of the Jannuzzelli family, which invests in Italian companies that have a brand or a typical product, with the aim of creating or increasing their value thanks also to a very often direct management activity.


Dr. Ruggeromassimo Jannuzzelli, representative of the shareholder and outgoing President of Moto Morini, declares to have collected, with the offer of Zhongneng Vehicle Group, an excellent opportunity for the future of the company and of the historic Italian brand. "After my family, through Autjann, became the owner of 100% of the capital of the company in 2015 in conjunction with the logistical debut of the Moto Morini company in the province of Pavia near Milan, a process of development of the motorcycles for the adaptation to the Euro4 regulation, immediately after the creation of new models adapted to the current market; from which the Corsaro ZZ, the Corsaro ZT, the Milano and the new Scrambler were born. In addition to this activity, for three years we have worked on creating value for the brand and products to bring them to the high end of the market in terms of quality, construction methods and prestige. Now we are reaping the benefits of this work, leaving the baton to a private Chinese industrial group that is already present with its products in Europe and in the world. Dr. Chen, Chairman of Zhongneng Vehicle Group, has major plans to increase the company's business which will remain in Italy. Projects that concern both current products and new models, even with different displacements. We are sure to entrust Moto Morini, its employees, its suppliers and its loyal customers to an important industrial reality that will make the company grow well. "

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