BRP Inc., the Canadian parent of Ski-Doo, Lynx, See-Doo and other powersports brands, confirmed on Friday, December 19 that the Australian Competition and Consumer Commission’s (ACCC) decision to oppose the proposed sale of BRP’s Telwater Pty, Ltd. (Telwater) business to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd.
BRP said it is considering the ACCC’s decision and will be evaluating all available options to determine the best path forward.
“In light of the ACCC’s decision, BRP remains the owner of Telwater, and will continue to operate this profitable business and offer Australian consumers quality and reliable boats through its iconic brands,” the company said. “Given the size of Telwater’s business, BRP confirms this will have no impact on its Fiscal Year 2026 financial guidance.”
Image courtesy Telwater Telwater Pty, Ltd./BRP Inc.
