SOURCE: CYCLE WORLD
What do you think about this “monopoly” happening in this market?
February 4, 2013 By Kevin Cameron
Photographer : Jeff Allen
What is Polaris Industries up to? The Minnesota-based outfit is buying companies across a wide product range: electric-car makers GEM and Goupil Industrie, engineering and prototype firm Swissauto, outdoor-gear-
maker KLIM and even Indian. An all-new Indian powered by a redrawn V-Twin engine is expected from Polaris’ Spirit Lake, Iowa, plant this year. There is also a “strategic partnership” with electric-motorcycle-producer Brammo. Continue reading
Addition of KLIM enhances Polaris offerings in the parts, garments and accessories market
THANKS DAVE for the heads up!
MINNEAPOLIS (December 6, 2012) — Polaris Industries Inc. (NYSE: PII) today announced the acquisition of Teton Outfitters, LLC, a privately owned, Rigby, Idaho-based company which designs, develops and distributes KLIM Technical Riding Gear. Calendar year 2012 sales for KLIM are anticipated to approach $30 million. KLIM is an industry leader in technical riding gear. This acquisition adds KLIM to Polaris’ growing parts, garments and accessories (PG&A) business. The terms of the transaction were not disclosed.