Polaris Sells Indian Motorcycle in Shock Deal
Polaris has announced it is selling the iconic Indian Motorcycle brand to a private equity group, Carolwood LP.
The American V-twin manufacturer will be spun off into its own company before the sale. Polaris has been the custodian of America’s first motorcycle company for over a decade, resurrecting it from a troubled past into a competitor to Harley-Davidson.
The move will “enable each business to move faster, deliver industry-leading innovation, and lean further into our respective market strengths” - Mike Speetzen, Polaris CEO.
The sale marks a pivotal moment for the celebrated brand, raising questions about its future.
Author's summary: Polaris sells Indian Motorcycle to Carolwood LP.
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