Textron Buys Arctic Cat 🎉

finalized its acquisition of Arctic Cat Inc. on March 6, 2017 , in a cash deal valued at approximately $247 million ($18.50 per share). The acquisition was structured as a short-form merger, making Arctic Cat a subsidiary of Textron Specialized Vehicles Inc..

Textron, known for defense and industrial products, aimed to expand its specialized vehicles segment (E-Z-GO, Cushman) by adding Arctic Cat's snowmobiles and ATVs. textron buys arctic cat

Textron sold Arctic Cat to a new investment group in April 2025 following production pauses. 2017–2025: Key Aspects of Textron Ownership finalized its acquisition of Arctic Cat Inc

Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025. Textron, known for defense and industrial products, aimed

On April 24, 2025, Textron announced it sold the powersports business to an investment group led by former Arctic Cat executive (and then-Argo CEO) Brad Darling .