Fantic Motor, ready to invest 60 million for the Caballero and the Moser e-bikes – Corriere.it

An investment plan of 60 million over three years to reach a turnover of 500 million from the current 180 and make the Caballero and Francesco Moser e-bikes run faster. Fantic Motor of Santa Maria di Sala, in the province of Venice, is at work, which in the face of ambitious projects, obtained a loan of almost 7 million from UniCredit with Sace guarantee: 1.8 million in favor of Bottecchia, founded in the 1920s by a Tour de France winner, Ottavio Bottecchia and taken over by Fantic last year. Resources that will be used to relaunch production capacity in the new Piove di Sacco plant, after the September fire in Cavarzere. The other 5 million were instead disbursed to Fantic Motor to support development plans in urban electric mobility.

Bottecchia, historical brand of made in Italy in bicycles

The group will then finance the three-year plan with investments in Fantic between motorcycles and electric two-wheelers and also in the Francesco Moser range of ebikes, in honor of the champion, and finally in Bottecchia, a Made in Italy brand in bicycles – says the CEO Mariano Roman, a career between Laverda, Aprilia and Moto Guzzi, supported by CFO Denis Marchetto who set up the loan with Unicredit and Sace. The plan also focuses on the Caballero, a model born in 1969 from an inspiration of the Brianza industrialist Mario Agrati who had imported the new motoring trends for young people from the United States. The 700 twin-cylinder version of that Caballero – which later became a symbol of the youth revolution between the 70s and 80s – will be released in May.

Entrepreneurship in the North East

Fantic Motor was taken over in 2014 — recalls Roman, it was in trouble, we started from a company that had a million turnover, it was little more than a garage. The support came from the shareholders, 73 representatives of as many industrialists from the North East who joined in the project and made the company a sort of public company that participates through Venetwork. There are Tiziano Brusin, also president of Fantic Motor, Alberto Baban, former head of the Piccoli of Confindustria. Then, Luca Marzotto, Piero Bressan (Garmont), Lauro Buoro (Nice), Riccardo Donadon (HFarm), Enrico Franzolin (Unox). 580 people work in the company and to reach 500 million in turnover we will increase to 1,200 employees, says Roman who is looking towards this year when the group estimates it will reach 250 million in revenues.