If you’re asking me, the answer is no.
I’m not at all interested in a Norton buy out. Especially if the norton brand were to leave the UK. If I wanted a Asian Bike I would of bought one.I doubt John Bloor has any interest in the Norton marque.
Norton is no threat to Triumph’s business success.
He would have to assume all of the debt that Norton have acquired, and for what?
Right now, He can sell all the Triumph twins his Asian factory can produce.
Zongshen is probably the most likely entity to be interested in the marque.
Although, if the Norton debt is not too great, Bloor could have an inexpensive solution to the 961 issues:
Take the Norton badges and slap them on to a Speed Twin, and call it the Norton Commando 1200.
How so? He made the Bonnie’s from day one.
At this point, I’m not a buyer. I have the bikes I want. I feel bad that the people that lost their jobs, income, pension, etc. I feel bad for anyone that’s lost out on this as a whole.
LF Harris continued to make the old T140 under licence until about 1985. Meanwhile the new Triumph factory at Hinckley made the Trophy 900 triple/1200 four, the Daytona 750/1000 short stroke triple/ four and the Trident 750/900 triples from about 1991....the Hinckley Bonneville appeared several years later...
O.....K just asking. Indian buys a lot of obsolete companies to start up again from U K Plc.
The only good news that will come out from all this is that Companies House will investigate and as they take a dim view of companies going under like this, SG will be banned from holding any company directors position for the foreseeable future. If there is any fraud found then the Serious fraud office will bring criminal charges against him.
If he had knowledge that the company was funded with money scammed from pensioneers he should be prosecuted. But whoever made up the expression "crime doesn't pay" must not have known about white collar crime.
Read the "Guardian": who was the guy who put all the pensioner's money into Norton? "Their money was then locked up for five years into three new pension plans controlled by Garner – where the cash was invested in just one asset: Norton shares."
