Polaris has announced it is selling the iconic Indian Motorcycle brand to a private equity group, Carolwood LP.
The announcement came without prior rumors or speculation, confirming that the American V-twin manufacturer will be spun off into its own company before the sale.
For over a decade, Polaris has been the custodian of America’s first motorcycle company, resurrecting it from a troubled past into a genuine challenger to Harley-Davidson.
According to Polaris CEO Mike Speetzen, the deal is designed to benefit both companies, enabling each to "move faster, deliver industry-leading innovation, and lean further into our respective market strengths."
This sale marks a pivotal moment for the celebrated brand, raising a crucial question: what does the future hold for Indian Motorcycle?
Author's summary: Polaris sells Indian Motorcycle to Carolwood LP.