Tag Archives: Telwater

BRP completes Telwater acquisition

BRP announced the completion of the previously-announced acquisition of 80% of the outstanding shares of Telwater Pty, Ltd (“Telwater”), Australia’s leading manufacturer of aluminum boats and trailers. As BRP’s third boat acquisition, BRP says Telwater’s addition to the Marine Group is another step in helping create a strong offering and foundation to expand into new markets, with the objective of ...

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BRP enters into agreement to acquire 80% of Australia’s leading manufacturer of aluminum boats

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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