Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025.
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
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
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 The acquisition was structured as a short-form merger,
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.