BRP to Sell Telwater to Yamaha Motor's Australian Unit

Important legal information about the email you will be sending. By using this service, you agree to input your real email address and only send it to people you know. It is a violation of law in some jurisdictions to falsely identify yourself in an email. All information you provide will be used by Fidelity solely for the purpose of sending the email on your behalf. The subject line of the email you send will be "Fidelity.com: "

BRP to Sell Telwater to Yamaha Motor's Australian Unit

, MT Newswires - 3:35 AM ET 4/1/2025 default

03:35 AM EDT, 04/01/2025 (MT Newswires) -- BRP (DOOO) agreed to sell its 100% stake in aluminum boat manufacturer Telwater to Yamaha Motor unit Yamaha Motor Australia, the companies said in separate statements.

The financial terms of the deal weren't disclosed.

Telwater includes the businesses of brands such as Quintrex, Stacer and Savage. The sale is part of BRP's strategy to focus its efforts and investments on its core powersports activities, it said late Monday.

The deal, which requires approval from regulators, is expected to be completed in BRP's Q2 of fiscal 2026.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.