Textron completed the acquisition of Arctic Cat by means of a short-form merger under Minnesota law. As a result, Arctic Cat has become an indirect wholly owned subsidiary of Textron.

Going forward, Arctic Cat will operate as a subsidiary of Textron Specialized Vehicles. This business, based in Augusta, GA, designs and manufactures vehicles and equipment for a range of uses and industries, including golf cars and personal transportation vehicles, Cushman commercial utility vehicles, Textron Off Road side-by-sides, Dixie Chopper zero-turn mowers, Jacobsen professional turf-care equipment and TUG, Douglas, Premier and Safeaero ground support equipment. The Arctic Cat brand brings a lineup of snowmobiles, side-by-sides and ATVs into the Textron Specialized Vehicles product family.

“Arctic Cat is an ideal fit with our growing range of off-road recreational vehicles,” said Scott Donnelly, Textron president and CEO. “The addition of Arctic Cat to our Textron Specialized Vehicles business instantly gives us a deeper product line for customers, greater potential for innovation, and introduces new sales opportunities for our combined worldwide dealer network.”