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Recreational vehicle maker BRP buys U.S. fishing boat company Alumacraft Boat

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VALCOURT, Que. — Recreational vehicle maker BRP Inc. has signed a deal to buy Alumacraft Boat, a producer of aluminum fishing boats, based in St. Peter, Minn., and announced plans to create a new marine group.

Financial terms of the deal were not immediately available.

BRP says the deal brings together Alumacraft with its Evinrude outboard motor business.

Tracy Crocker, senior vice-president and general manager of Evinrude, will head the new marine group.

Alumacraft employs more than 250 people in two U.S. locations and has a network of dealers around the world.

BRP is the maker of Ski-Doo snowmobiles and Sea-Doo personal watercraft.

Companies in this story: (TSX:DOO)

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