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+--- Thread: Bombardier Recreational Products Gets New Owner (/showthread.php?tid=64261)
Bombardier Recreational Products Gets New Owner - DrownedDesertRat - 09-02-2003
MONTREAL, QUEBEC—For the past several months, the fishing and boating industries have been buzzing about a possible sale of Bombardier Recreational Products, makers of Johnson and Evinrude outboards. Those rumors were recently confirmed when the company announced it had sold the division to the Bombardier family, who teamed with Bain Capital and the Caisse de dépôt et placement du Québec. The $874.1 million deal is expected to close by mid-fall 2003.
In addition to Evinrude and Johnson motors, Bombardier Recreational Products designs, develops, builds, distributes and markets Sea-Doo watercraft and sport boats, Ski-Doo and Lynx snowmobiles, Bombardier ATVs, Rotax engines and karts, as well as utility vehicles. The company employs 75,000 people in 25 countries.
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