This could be the start of the new beginning , however we all have a tendency to confuse our love of the brand with viability.

Perhaps as a small company something might work.

Anything could happen.....

Edited July 1, 201511 yr by gasgas249uk

Any news ?

Will she rise from the ashes ?

Having ridden Gassers for so long I cannot imagine trials without one. (My 2014 is mint but what to do next ?)

Not sure about Gas Gas but both Vertigo and TRS and really starting to get into gear with their distribution networks!

Message from the (former) GasGas employers on their facebook page  Gas Gas vol produïr i no morir

 

Good afternoon, Wednesday July 17 was communicated to us by the manager that we are officially in liquidation.
The work, by the committee together with the management team and manager, is preparing the report for the sale of the production unit. This report is well underway and the team is optimistic economist Band productive unit. Today more and more, there are powerful investors interested.
It is still early and there is still much to be done, the team economist, believed to have finished the entire report before the end of the month.
If new potential investors interested, you can, through the administrator, or our facebook page through private message. Request information in the process of auction of the production unit.

For those you want to support the continuity of Gas Gas Motos, we suggest that you join me in the lead platform fans and users together against the closure of Gas Gas through its twitter accountsalvemosagasgas.
Make them followers ofsalvemosagasgas to display a number amount of people supporting the initiative and want our company to continue producing. You can also publish your tweets with the hashtag you #salvemosagasgas express your opinion against the closing and your passion for the brand.
Continue tosalvemosagasgas and tuitead with #salvemosagasgas hashtag. What our voice heard also in Twitter, one of the most influential social networking time!

https://translate.google.com/translate?hl=en?sl=ca&tl=en&u=http%3A//www.diaridegirona.cat/economia/2015/07/17/catalana-sherco-fons-madrileny-volen/734809.html

I hope the translation of 37 billion euro was an error or was it run by a Greek accountant

Latest update (in English)

They will soon find a buyer now. Nobody in their right mind would take all that debt on.

They will soon find a buyer now. Nobody in their right mind would take all that debt on.

 

Or the debt they have is extracted from the entity who took most of the money and the new company starts fresh. 

 

--Biff

That's not how liquidation works, Biffs.

Whatever a buyer pays for any or all assets will be used to pay-off the debts. The likely shortfall to €37M will be lost by the creditors and Gas Gas wound up.

If one party buys all of the assets & starts a new company then the financing of the company will appear on the balance sheet. It is plausible that if some party felt the assets & goodwill were worth €20M, they could raise finance & the new company would have €20M debt on the balance sheet from day one.

Well I am no expert in this. If that's how it works there then so be it. 

 

--Biff

If there are mad people then gas Gas as is will possibly secure a sale.

The sensible option would be to concentrate on the core business of selling a popular and profitable bike in a small scale operation as Sherco does (in caldes de montbui).

https://www.facebook.com/rltgasgas?__nodl

KTM visit GASGAS today, 2016 with new orange trials bikes from austria ?

IF KTM were to buy the assets and the name would they make the bikes in Spain or Austria?KTM pretty much own the enduro market where they have a good reputation and their motocross bikes enjoy a big slice of that market too.If it were to happen I think they could soon dominate the trials market too.They have a well established global dealer network,I don't think it would be that difficult for them.The GasGas pro is a popular and competitive bike,it was the management that let it fail.

Edited July 29, 201511 yr by huski

However KTM does not own the old supliers. So need redesign and that needs money and expierence. I think they should stay in Spain, because almost all trial is around there.