Textron Buys Arctic Cat Info
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.
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 .
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 buys arctic cat
Textron invested in product development, including the Wildcat XX side-by-side.
In January 2026, Arctic Cat announced its acquisition of Widescape , a Canadian manufacturer of stand-up enduro snowmobiles. Textron, known for defense and industrial products, aimed
Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025.
Initially, the Arctic Cat brand was temporarily rebranded to "Textron Off Road" before reverting to the iconic "Arctic Cat" name for ATVs and side-by-sides. Manufacturing operations remained in Thief River Falls and St. Cloud, Minnesota. on March 6, 2017 , in a cash
Textron sold Arctic Cat to a new investment group in April 2025 following production pauses. 2017–2025: Key Aspects of Textron Ownership