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Tag Archives: Polaris Industries

Polaris purchases Larson Boat Group

In a recent letter to dealer partners, Rob Parmentier, president and CEO of Marquis-Larson Boat Group announced that the Larson Boat Group has been sold to Polaris Industries. "The sale of the company, means production will move and take place at another facility," Parmentier said in the letter. "The moving of materials and assets will begin, immediately." The letter also ...

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Polaris partners with Fishing League Worldwide

Fishing League Worldwide (FLW), the world’s largest tournament-fishing organization, and Polaris Industries Inc. announced  a strategic partnership that will extend and expand the outdoor brands’ complementary relationship. The terms of the agreement were not disclosed. The partnership leverages both companies’ consumer base, market presence and industry expertise, and will include collaboration across the organizations as well as enhanced activation and ...

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Polaris enters boating industry with Boat Holdings, LLC acquisition

Polaris Industries Inc. has signed a definitive agreement to acquire Boat Holdings, LLC, a boat manufacturer owned by the Vogel family, management and Balmoral Funds, in an all-cash transaction valued at a net present value of approximately $805 million. Polaris also expects that approximately $100 million NPV of future net tax benefits will accrue to the combined company. When adjusted ...

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