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Sanglas 500 S2 V5
Sanglas was a Spanish producer for motorcycles. They built motorcycles for the Spanish police and for the Irish army. In 1977, Sunglas (a Spanish motorcycle producer) launched the 500 S2, and two years later a five-speed gearbox version (the 500 S2 V5) appears on the market. The business was never profitable the Sanglas brnd was sold to the Spanish bank Banesto, with the aim of achieving capital gains from the sale of the company to some Japanese manufacturer, seeking for a local partner to penetrate the Spanish market. Finally, in 1981 the SEMSA company is created, with participation of Yamaha, Banesto, Bank of Madrid and Catalan Development Bank. 50% of the capital was originally in the hands of Yamaha that, through several capital increases, eventually achieved total control over the company. The last Sanglas with own engine, the 500 S2 V5, was discontinued in 1981.
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Any corrections or more information on these motorcycles will be kindly appreciated. |