Scooter News V Moto global expansion plan V moto signed a formal agreement in acquiring Shanghai based company Freedomotor Company Limited ("FMC"). V moto has now acquired distribution rights to over 50 countries.
Allen Drysdale In Major breaking news Optima Corporation (V Moto) has acquired the rights to the Freedomotor Company Limited.
What does this mean?
- That V Moto will now become a global brand
- That sales will increase to 50 million dollars in financial year 2008
- Distributing to over 50 countries
- V Moto will increase its range to all-terrain vehicles and various motorcycles
The acquisition of Freedmotor will allow access to R&D facilities, new product design along with a host of other benefits.
 published 3/01/2007 |