If this were the equivalent of a Black Friday sale, Polaris Industries is reminding everyone just how strongly it can flex its credit card. The motorcycle manufacturer, among other things has announced its latest acquisition, confirming that it has acquired HH Investment Limited, a Shanghai-based company that sells gas-powered go-karts and light utility vehicles. If you’re not familiar with the company, then you might recognize it by the name it uses in the US: Hammerhead Off-Road.
So basically, Polaris Industries is the new parent company of Hammerhead, making it the former’s second major acquisition in as many months. Last month, the firm also brought Brammo’s EV development division, further strengthening its position in the electric motorcycle market. Oh, the company also owns Indian Motorcycles and Victory Motorcycles.
What’s next? Is it buying Gas Gas, too?
That much is less certain, but what’s becoming evidently clear is that Polaris is using it financial might to expand its business and cover as much of the motorcycle industry as possible. With the purchase of HH Investment Limited, the company can now turn its sights into building and expanding its off-road lineup while also gaining significant entry in the Chinese market.
You can’t blame Polaris for taking advantage of the game because it’s got the means to do so. Hopefully, these new purchases translate to a successful business move by the company, now and in the future. That will only grow the bike and off-road industries, and that’s going to be good for all of us.
Click "continue reading" to read more about Polaris’ acquisition of Hammerhead Off-road.
Polaris Continues Shopping Spree, Acquires Hammerhead Off-Road originally appeared on topspeed.com on Thursday, 26 February 2015 18:00 EST.
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