BRP completed the previously-announced acquisition of 80% of the outstanding shares of Telwater Pty, Ltd (“Telwater”), Australia’s leading manufacturer of aluminum boats and trailers.
BRP is a global leader in the world of powersports vehicles, propulsion systems and boats built on over 75 years of ingenuity and intensive consumer focus. This is the third acquisition of BRP and it is not only beneficial for the company but also for the whole marine industry.
“We are extremely pleased to welcome Telwater employees in the BRP family. The first acquisition for the Marine Group outside the United States is another milestone in our plan to become a global leader in this industry,” mentioned José Boisjoli, President and CEO of BRP.
The reliability of Telwarer complement perfectly the state-of-the-art manufacturing expertise and innovation of BRP. This acquisition brings the BRP Marine group one step closer in its quest to becoming a leader in the boating industry, building and integrating boats and engines to give consumers an unparalleled experience on the water.