- BRP ( NASDAQ: DOOO ) acquired 80% stake in Pinion, pioneer in gearbox technology based in Denkendorf, Germany.
- "Beyond our existing powersports and marine products, we are expanding our addressable market and entering untapped categories such as urban mobility and services," President and CEO José Boisjoli commented.
- This acquisition is post BRP's acquisition of Great Wall Motor Austria, EV R&D centre specializing in e-drive systems and transmissions.
For further details see:
BRP acquired 80% stake in German-based Pinion for developing new urban mobility solutions