Austrian two-wheeler specialist Pierer Mobility AG intends to apply for admission to trading in the top segment (Prime Market) of the Vienna Stock Exchange on March 1, 2022. This step is intended to meet the great investor interest in Austria and abroad.
With sales of 332,881 motorcycles in its 2021 financial year (+23.1 percent year-on-year), Pierer just reported its eleventh record year in a row. As Europe’s leading powered two-wheeler supplier with a market capitalization of more than €3 billion, the group thus joins the league of the 39 largest and most traded companies on the Vienna Stock Exchange. To date, the group was traded in the Standard Market in Vienna as well as on the SIX Swiss Exchange and, since March 3, 2020, also on the Frankfurt Stock Exchange.
Pierer Mobility is selling motorcycles under the KTM, Husqvarna and GasGas brand names and e-bikes within its division Pierer E-Bikes GmbH under the Husqvarna E-Bicycles, GasGas Bicycles and R Raymon brand names. In November 2021, Pierer acquired the U.S. non-e-bike brand Felt Bicycles from Rossignol Group.