This bike, likes thousands of others was left in Italy during the war to be bought up and sold on by an outfit called ARAR or L'Azienda Rilievo Alienazione Residuati, which basically had the task of selling goods and war materials confiscated from the enemy or abandoned by the allies.
I have a picture of it from 1953, and I have the original Italian registration documents showing it was sold by ARAR.
Does anyone have any clues, information, stories, other examples of bikes being moved on by the ARAR in the late 1940's and early 1950's?