BMW officially acquires Alpina, famous for its modified versions

 

BMW announced the acquisition of Alpina, which is famous for its modified versions of BMW models, and the company did not disclose the financial details of the deal.

As part of the deal, Alpina will continue to build modified versions of BMW's cars until the end of 2025, and the two companies have not said what will happen to Alpina after that date.

Alpina will also continue its comprehensive renovation of its exquisite classic cars, offering classic car parts, accessories and various maintenance services.

Founded in 1965, Alpina has focused most of its efforts since its inception on customizing BMW cars and offering luxury special editions, and Alpina sold more than 2,000 cars in 2021, the highest sales in the brand's history, which encouraged BMW to close the deal.

"We recognized the challenges facing the auto industry early on and are now setting the right course for Alpina and our family businesses," explains Andreas Bovenspen, Alpina Co-Director. “This marks the beginning of a new chapter. Both the Alpina brand and our company are highly desirable.

“We made a conscious decision not to sell Alpina just any factory, because BMW and Alpina have worked together and trusted each other for decades. That is why it is the right decision from a strategic point of view for the future BMW Group to operate the Alpina brand.”