BRP to sell marine division

  • Buzz
    Minneapolis MN
    Posts: 1814
    October 18, 2024 at 9:21 am #2294627

    BRP to sell marine businesses

    “After careful consideration and given the current dynamics of both the marine and powersports industries, we have decided to double down on our core powersports activities and to sell our marine businesses,” says José Boisjoli, president and CEO of BRP. “Over the past few years, we have built a solid foundation by investing in the development of innovative marine products and upgrading the production facilities. As such, we believe that these iconic brands can offer attractive value creation opportunities for a new owner.”

    BRP’s objective is to solidify its position as a leading global powersports OEM. The company is confident that this decision will enable it to capitalize on growth opportunities within the powersports industry and improve its margin profile, enhancing its position for long-term success.

    CaptainMusky
    Posts: 23391
    October 18, 2024 at 9:44 am #2294631

    Im guessing they are selling alumacraft as well but it doesnt really say. Sure would think so.

    Reef W
    Posts: 2850
    October 18, 2024 at 9:55 am #2294639
    CaptainMusky wrote:

    Im guessing they are selling alumacraft as well but it doesnt really say. Sure would think so.

    Selling Alumacraft, Manitou and Telwater but not Sea-Doo.

    isu22andy
    Posts: 1809
    October 18, 2024 at 10:24 am #2294653

    Not good if one of the giant conglomerates buy them up . Competition is usually good to the consumer. Brunswick buys up alumacraft good by Yamahas on them.

    CBMN
    North Metro
    Posts: 970
    October 18, 2024 at 10:40 am #2294656

    It wouldn’t surprise me if good ole Johnny Morris buys them unfortunately… I don’t think that would be a good thing at all…

    CaptainMusky
    Posts: 23391
    October 18, 2024 at 11:41 am #2294665
    Reef W wrote:

    <div class=”d4p-bbt-quote-title”>CaptainMusky wrote:</div>
    Im guessing they are selling alumacraft as well but it doesnt really say. Sure would think so.

    Selling Alumacraft, Manitou and Telwater but not Ski-Doo.

    Sea doo or ski doo? Obviously skidoo isn’t marine related.

    Reef W
    Posts: 2850
    October 18, 2024 at 11:45 am #2294666

    Meant sea-doo

    bigstorm
    Southern WI
    Posts: 1468
    October 18, 2024 at 12:24 pm #2294675

    What if Yamaha bought Alumacraft?

    bigstorm
    Southern WI
    Posts: 1468
    October 18, 2024 at 5:28 pm #2294715
    James Almquist wrote:

    <div class=”d4p-bbt-quote-title”>bigstorm wrote:</div>
    What if Yamaha bought Alumacraft?

    They all ready have a line of boats but you never can say never.

    Agreed but Alumacraft is a lot bigger, more known and popular. I honestly dont know the quality of G3 boats having never been in one but knowing they are owned by Yamaha would make me consider looking at them if I was in the market for anew boat and a dealer was near by

    glenn57
    cold spring mn
    Posts: 12127
    October 19, 2024 at 10:24 am #2294778

    my brother and granddaughters hubby own G3 boats. i’ve fished out of my brothers 5-6 times.

    there really good boats and i wouldnt hesitate 1 bit to look at them if i was ever in the market for one!!!!!

    CaptainMusky
    Posts: 23391
    October 19, 2024 at 10:40 am #2294780

    G3 was started by former alumacraft employees.

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