Well, Moto Morini was in trouble and was about to disappear.
Well, they are saved, kinda...
It has new owner. Two Italian entrepreneurs, Sandro Capotosti and Ruggeromassimo Jannuzzelli, who have paid €1.96 million for the Morini brand name, IP and other assets, but not the actual real estate of the company.
The two are at the head of the new company 'Eagle Bike', created for the occasion. Below is a press release.
Eagle Bike's plan is to relaunch the prestigious Italian brand Moto Morini, which boasts more than 80 years of history, and that was the creator of bikes that have been the dream of generations: from daily transport of post-war to the legendary competition bikes
Throughout its history the brand has gained a reputation worldwide for purists and fans, and Eagle Bike has the goal of being able to reproduce with passion and quality production of motorcycles in innovative ways, both domestically and internationally.
I am afraid that they will be just a name for a while. Like Indian or Norton were once, not producing actual bikes...