Polaris Industries Inc. (NYSE: PII) today announced the acquisition of Indian Motorcycle. The business was acquired from Indian Motorcycle Limited (“IML”), a company advised by Stellican Limited and Novator Partners LLP, U.K. Private Equity firms. Terms of the transaction were not disclosed.
“We are excited to be part of the revitalization of a quintessentially American brand,” said Scott Wine, CEO of Polaris Industries Inc. “Indian built America’s first motorcycle. With our technology and vision, we are confident we will deliver the classic Indian motorcycle, enhanced by the quality and performance for which Polaris and Victory are known.”
With this acquisition, Polaris adds one of motorcycling’s legendary brands to its strong stable of Victory cruiser and touring bikes. Indian will operate as an autonomous business unit, building upon the potent combination of Polaris’ engineering acumen and innovative technology with Indian’s premium brand, iconic design and rich American heritage.
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Polaris Acquires Indian Motorcycle
2007 Sportsman 800 efi , L&R tall windshield, Viper Max 4000 lb. winch with 3/16" Amsteel rope by Atv Winch Rope, 25' Amsteel tow rope by Atv Winch Rope, RDC fairlead, RDC deluxe gas cap, RDC shifter, RDC overflow bottle cap, RDC 2" lift , 27" Maxxis bighorns s/w on Vision Outback 12" wheels, Uni air filter, Dalton o/bl primary clutch spring, front and rear brushguard, front and rear rack extensions, and a SanAngelo backrest
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