BRP announced it has entered into a definitive agreement to acquire 80% of the outstanding shares of Telwater, Australia’s leading manufacturer of aluminum boats and trailers. Following the closing of the contemplated acquisition, Paul Phelan, Telwater’s current owner and managing director, will continue to play an important role in the operations of the business and will hold 20% of the ...
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BRP Names José Boisjoli Chairman of the Board
BRP has announced that José Boisjoli will, in addition to his current roles of president and CEO and director, be appointed Chairman of the Board succeeding Laurent Beaudoin. Mr. Beaudoin, who has played a critical role in the development of BRP’s business since its creation in 1963, will be named Chairman Emeritus and will not stand for re-election. “It has ...
Read More »BRP reports Q4, FY 2019 results
BRP Inc. (TSX:DOO; NASDAQ:DOOO) reported its financial results for the three- and twelve-month periods ended Jan. 31, 2019. The complete financial results are available in the Quarterly Reports section of BRP’s website. “Fiscal year 2019 was an incredible year for us, with annual sales of CA $5.2 billion and 37 percent growth of Normalized EPS. I’m extremely proud of the ...
Read More »Evinrude launches new Nautilus engine gauges
Evinrude announced the launch of a new addition to its line of color engine displays – the Nautilus 3.5-inch Color display. Designed to complement the latest in vessel helm design, the new round Nautilus display, with a compact form factor, is ideal for use in smaller, modern dash configurations. “Evinrude strives to lead the outboard industry in vessel integration, ...
Read More »Evinrude to sponsor MLF Bass Pro Tour
Evinrude announced today that it has signed on as a sponsor of the new Major League Fishing (MLF) Bass Pro Tour and will be the title sponsor of the series’ Stages in 2019. The partnership is especially fitting because it brings together an iconic name that originated 110 years ago with one of bass fishing’s hottest brands today in MLF. ...
Read More »Boating Industry names Mark Schwabero Mover and Shaker of the Year
TAMPA, Fla. – Mark Schwabero, Chairman and CEO Brunswick Corp., has been named the 2018 Boating Industry Mover & Shaker of the Year. Boating Industry Editor-in-Chief Tim Hennagir presented Schwabero with the award during the IBEX Industry Breakfast Tuesday morning at the Tampa Waterside Marriott Hotel. “The 8th annual Movers & Shakers Awards recognizes leaders who haven’t been afraid to take chances ...
Read More »2018 Boating Industry Movers and Shakers
The 8th annual Movers & Shakers Awards recognize leaders who haven’t been afraid to take chances in rethinking the way they do business, while embracing the challenges facing the marine industry. These leaders are people whose initiative and drive shake up and better their companies and the entire industry. From product entrepreneurs to advocacy champions to leaders who continue to ...
Read More »BRP unveils personal fishing watercraft for 2019
BRP has introduced a new, specialized SeaDoo model purposely built for fishermen and women. The 2019 SeaDoo Fish Pro is the first Personal Watercraft (PWC) built specifically from the factory for fishing, BRP stated in a news release “Recreational fishing is one of the top practiced activities in the world,” said Bernard Guy, BRP’s senior vicepresident, global product strategy. “And ...
Read More »BRP completes Manitou acquisition, releases FY 2019 2Q results
BRP has completed its previously announced acquisition of Triton Industries, Inc., manufacturer of premium luxury and performance pontoon boats under the Manitou brand. As the second boat acquisition complementing the company’s existing outboard engine portfolio, Manitou’s addition to BRP’s Marine Group further solidifies the company’s position in the marine industry, the company stated in a news release. BRP’s goal is ...
Read More »BRP to acquire Manitou pontoon manufacturer
BRP announced today that it has entered into a definitive agreement to acquire Triton Industries, Inc., the North American manufacturer of the Manitou pontoon brand. “The announcement of the acquisition of Manitou is the logical next step in the roll-out of our global marine strategy,” said José Boisjoli, BRP President and CEO. “We are thrilled to welcome a company with ...
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