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Aprilia is an Italian motorcycle manufacturer founded immediately after World War II in Noale, Italy, by Alberto Beggio. The company started as a manufacturer of bicycles and moved on to manufacture scooter (motorcycle), scooters and small-capacity motorcycles. In more recent times Aprilia has produced large sportbikes such as the 1,000 cc V-twin Aprilia RSV Mille, RSV Mille and the V4 engine, V4 Aprilia RSV4, RSV4. Aprilia has supported a strong motorsport competition program beginning with motocross racing and then a world championship-winning road racing program. The company was acquired by Piaggio in 2004. History Aprilia was founded after the Second World War by Cavaliere Alberto Beggio as a bicycle production factory at Noale, Italy, in the province of Venice. Alberto’s son, Ivano Beggio, took over the helm of the company in 1968 and constructed a 50 cc "motorcycle". The first production Aprilia mopeds were named Colibrì, Daniela and Packi. Aprilia later pr ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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