Moto Morini

Moto Morini is an Italian maker of motorcycles. It was founded by Alfonso Morini in Bologna, in 1937. Earlier, Morini had also manufactured motorcycles together with Mario Mazzetti under the name MM. Morini came under Cagiva control in 1987, then in 1996 came under Texas Pacific Group, which had also bought Ducati, and in April 1999, the rights to the name were purchased by Morini Franco Motori spa, a company founded by Morini’s nephew in 1954 The company went into voluntary liquidation in 2009, after failing to pay suppliers or staff in September while hoping to find further financing.[17] Paolo Berlusconi – brother of Italian prime minister Silvio Berlusconi – was interested in buying Morini. He already owned the Garelli brand.[2] However, he could not reach an agreement with the labor unions and he pulled off from the venture. In July 2011, the company was sold to Eagle Bike, a newly formed company that is run by two Italian entrepreneurs, Sandro Capotosti and Ruggeromassimo Jannuzzelli, for 1.96 million Euros. The factory was not included in the sale although they are thought to have a two year lease on the premises.