TVS Motor, an Indian multinational motorcycle company, completed the acquisition of Norton Motorcycles, a motorcycle maker, for £16m. "This is a momentous time for us at TVS Motor Company. Norton is an iconic British brand celebrated across the world, and presents us with an immense opportunity to scale globally. We will extend our full support for Norton to regain its full glory in the international motorcycle landscape. Norton would continue to retain its distinctive identity with dedicated business plans and TVS Motor will work closely with the customers and employees of the British company," Sudarshan Venu, TVS Motor Joint Managing Director.