Malaguti USA reorganizes
June 7, 2004
Filed under Features
Florida-based Malaguti USA is changing its name to Martin Racing Performance, Inc., in the wake of two deals company president Joel Martin signed earlier this year with Sang Yang Motor Company (SYM) of Taiwan and Motor Hispania (MH) of Spain.
The SYM agreement allows the company to represent the scooter line for Puerto Rico, and the Caribbean; the MH deal encompasses the U.S.
In addition to offering two new brands, Martin Racing Performance is also expanding by taking on several exclusive racing parts lines including Turbo Kit of Spain, Wan Yang Parts, Polini, and it’s own in-house brand of developed racing parts.
“Malaguti is the last privately held scooter-company in Italy meaning that we will never have the spending power the other Italian subsidiaries have in the states,” said Martin. “We will continue to advertise that name and serve our existing client base, but to better serve our dealers we have to bring on new product lines. By changing our name it reflects the diversified product lines and the changes in the market that we now face.”
For more information, contact Martin at 305/599-8993 x207. psb