Yamaha Motor Australia to acquire Telwater from BRP.

Yamaha Motor Australia, a motor vehicle manufacturing company, agreed to acquire Telwater, a manufacturer of aluminium boat and trailer packages, from BRP, a powersports products provider. Financial terms were not disclosed. "We are pleased with today's announcement, our first transaction in the process for the sale of our Marine businesses. I would like to sincerely thank all of the talented employees for their contribution and commitment over the years. We know we can count on their professionalism to continue supporting our dealers and customers with dedication through this transition period, until the transaction is completed," José Boisjoli, BRP President and CEO.