Core Viewpoint - BRP Inc. acknowledges the Australian Competition and Consumer Commission's (ACCC) decision to oppose the sale of Telwater Pty, Ltd. to Yamaha Motor Australia Pty Ltd, and is evaluating options moving forward [1][2]. Group 1: Company Operations - BRP remains the owner of Telwater and will continue to operate this profitable business, providing quality boats to Australian consumers through its brands [2]. - The decision by the ACCC will not impact BRP's financial guidance for Fiscal Year 2026, indicating stability in the company's financial outlook despite the regulatory setback [2]. Group 2: Company Background - BRP Inc. is a global leader in powersports products, with over 80 years of experience and a focus on consumer needs, offering a diverse portfolio including Ski-Doo, Sea-Doo, Can-Am, and Quintrex brands [4]. - The company reported annual sales of CA$7.8 billion and employs approximately 16,500 people as of January 31, 2025, highlighting its significant market presence [4].
BRP Acknowledges ACCC Decision on the Sale of its Telwater Business to Yamaha Motor Australia