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TVS Motor Company’s Leap into E-Mobility: Acquisition of SEMG 1 год назад


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TVS Motor Company’s Leap into E-Mobility: Acquisition of SEMG

TVS Motor Company has made a significant stride in the e-mobility sector by acquiring a 75% stake in the Swiss E-Mobility Group (SEMG), Switzerland’s largest e-bike company. This acquisition, which is part of TVS Motor Company’s commitment to expanding in Europe, complements their recent acquisitions of Norton Motorcycles and EGO Movement. SEMG, a market-leading provider of e-mobility solutions in the DACH region, operates the largest pure-play e-bike retail chain, M-way, in Switzerland. The company’s strong omnichannel distribution and prestigious Swiss mobility brands portfolio, including Cilo, Simpel, Allegro, and Zenith – Bikes, offer a seamless and world-class customer experience. This move by TVS Motor Company is seen as a significant step towards strengthening their presence in the rapidly growing e-bikes segment. For more info visit : https://www.tvsmotor.com/about-us/boa... #TVS #tvsmotor #sudarshanvenu #managingdirector #sudarshanvenuindustrialist #tvsmd #tvsmotorcompany

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