RIEJU ACQUIRES GAS GAS ENDURO MODEL PLATFORM


March 4th, 2020.


An agreement has been reached to facilitate the sale by TORROT ELECTRIC EUROPA, S.A. of the intellectual and industrial property of the Gas Gas enduro motorcycle platform that will now be manufactured and marketed under the RIEJU brand.


With this platform and under the GasGas banner, TORROT ELECTRIC EUROPA, S.A. launched the range of 2T models of 250 and 300 cc EC, XC and GP in 2017 and added the Ranger model in 2019. During this period TORROT ELECTRIC EUROPA, S.A. sold 4,500 units in more than 50 countries.

RIEJU, S.A. will manufacture the very latest enduro models at its plant in Figueres, and will begin distributing them from June 2020.

RIEJU, S.A. has a renowned consolidated trajectory throughout 75 years of history. It currently manufactures more than 12,000 motorcycles annually in its facilities in Figueres near Barcelona and exports 85% of its production to more than 40 countries.

From this agreement and reinforcing its position in the off road sector, RIEJU, S.A. will expand its current range of engines with larger displacement models.

Jordi Riera, CEO of RIEJU, S.A. explains: "This agreement allows RIEJU an immediate presence in the off-road competition segment with larger capacity machines than usual for Rieju, as well as a significant expansion of our client portfolio, and important openings to new markets.

“We are very excited for this new adventure and the enormous challenge that this entails. We have enormous experience in our design, manufacture and distribution structure, so we are convinced that this project will be a success for our company."


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