On April 24, 2025, Textron announced it sold the powersports business to an investment group led by former Arctic Cat executive (and then-Argo CEO) Brad Darling .

Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025.

Initially, the Arctic Cat brand was temporarily rebranded to "Textron Off Road" before reverting to the iconic "Arctic Cat" name for ATVs and side-by-sides. Manufacturing operations remained in Thief River Falls and St. Cloud, Minnesota.

Textron, known for defense and industrial products, aimed to expand its specialized vehicles segment (E-Z-GO, Cushman) by adding Arctic Cat's snowmobiles and ATVs.

Textron invested in product development, including the Wildcat XX side-by-side.

finalized its acquisition of Arctic Cat Inc. on March 6, 2017 , in a cash deal valued at approximately $247 million ($18.50 per share). The acquisition was structured as a short-form merger, making Arctic Cat a subsidiary of Textron Specialized Vehicles Inc..

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Textron Buys | Arctic Cat

On April 24, 2025, Textron announced it sold the powersports business to an investment group led by former Arctic Cat executive (and then-Argo CEO) Brad Darling .

Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025. textron buys arctic cat

Initially, the Arctic Cat brand was temporarily rebranded to "Textron Off Road" before reverting to the iconic "Arctic Cat" name for ATVs and side-by-sides. Manufacturing operations remained in Thief River Falls and St. Cloud, Minnesota. On April 24, 2025, Textron announced it sold

Textron, known for defense and industrial products, aimed to expand its specialized vehicles segment (E-Z-GO, Cushman) by adding Arctic Cat's snowmobiles and ATVs. Manufacturing operations remained in Thief River Falls and

Textron invested in product development, including the Wildcat XX side-by-side.

finalized its acquisition of Arctic Cat Inc. on March 6, 2017 , in a cash deal valued at approximately $247 million ($18.50 per share). The acquisition was structured as a short-form merger, making Arctic Cat a subsidiary of Textron Specialized Vehicles Inc..