BRP completed the acquisition of a 80% stake in Pinion.

BRP, a powersports products provider, completed the acquisition of a 80% stake in Pinion, a pioneer in gearbox technology. Financial terms were not disclosed. “Beyond our existing powersports and marine products, we are expanding our addressable market and entering untapped categories such as urban mobility and services. This acquisition is strategic for us as it enables BRP to leverage Pinion’s unique, state-of-the-art technology in order to spur the development of new electric human assisted products. We are pleased to welcome the Pinion team," José Boisjoli, BRP President and CEO.