The Italian motorbike company PIAGGIO (turnover of ITL 200 billion forecasted for 2000) acquired 100% of the capital in its Spanish counterpart DERBI (turnover of ESP 30 billion with 60,000 motorbikes sold in 2000) for an undisclosed amount. The former shareholders of DERBI, namely the MERCAPITAL group (60%), the Rabasa family (30%) and the company AXIS (10%), will hold following the operation a minority stake of an unspecified size in DERBI.