Textron Buys Arctic Cat May 2026

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..

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. textron buys arctic cat

Textron invested in product development, including the Wildcat XX side-by-side. finalized its acquisition of Arctic Cat Inc

The division faced struggles with inventory, dealer support, and market pressures, leading to a production suspension in late 2024 and 2025. 2025–2026: The "Return" of Arctic Cat Initially, the Arctic Cat brand was temporarily rebranded

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 .

Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025.

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