Polaris Acquires Indian Motorcycle

MINNEAPOLIS (April 19, 2011) — Polaris Industries Inc. today announced the acquisition of Indian Motorcycle. The business was acquired from Indian Motorcycle Limited , a company advised by Stellican Limited and Novator Partners LLP, U.K. Private Equity firms. Terms of the transaction were not disclosed.

“We are excited to be part of the revitalization of a quintessentially American brand,” said Scott Wine, CEO of Polaris Industries Inc. “Indian built America’s first motorcycle. With our technology and vision, we are confident we will deliver the classic Indian motorcycle, enhanced by the quality and performance for which Polaris and Victory are known.”

With this acquisition, Polaris adds one of motorcycling’s legendary brands to its strong stable of Victory cruiser and touring bikes. Indian will operate as an autonomous business unit, building upon the potent combination of Polaris’ engineering acumen and innovative technology with Indian’s premium brand, iconic design and rich American heritage.

“We are delighted to have reached an agreement with Polaris. Polaris will utilize its well-known strengths in engineering, manufacturing, and distribution to complete the mission we undertook upon re-launching the brand in 2006: harness the enormous potential of the Indian brand,” said Stephen Julius, chairman of Indian and managing director of Stellican. “Polaris is the most logical owner of Indian Motorcycle. Indian’s heritage brand will allow Polaris to aggressively compete across an expanded spectrum of the motorcycle market.”

Novator Partners LLP is a London based alternative investment firm founded and led by the investor Mr. Thor Bjorgolfsson. An avid motorcycle enthusiast, Mr. Bjorgolfsson said “After a troubled past, our goal was to bring the legendary Indian bikes back on the roads. The initial phase of that project is done and now our great partners at Polaris will carry on the work to realize the full potential of this classic American brand.”

Conference Call and Webcast Presentation
Tomorrow, April 20th at 9:00AM (CT), Polaris Industries Inc. will host a conference call and webcast to discuss the acquisition, as well as the first quarter 2011 financial results. The call will be hosted by Scott Wine, CEO, Bennett Morgan, President and COO and Mike Malone, Vice President-Finance and CFO.

A slide presentation and link to the audio webcast will be posted on the Investor Relations page of the Polaris web site at www.polarisindustries.com/irhome approximately 30 minutes before the conference call begins.

To listen to the conference call by phone, dial 800-374-6475 in the U.S. and Canada, or 973-200-3967 internationally. The Conference ID is #36643140. A replay of the conference call will be available approximately two hours after the call for a one-week period by accessing the same link on our website, or by dialing 800-642-1687 in the U.S. and Canada, or 706-645-9291 internationally.


Find me on Facebook


  1. I’ve noticed that fixing credit activity really needs to be conducted with techniques. If not, you are going to find yourself destroying your rating. In order to be successful in fixing your credit score you have to make sure that from this moment you pay all your monthly dues promptly in advance of their planned date. It is really significant simply because by definitely not accomplishing this, all other actions that you will decide to use to improve your credit rank will not be useful. Thanks for revealing your tips.

  2. After you have enough followers to prooel you to the top, you should then shhift your attention on hhow to keep tbem
    engaged. Way too many articles and sites note the negativces of social mrdia andd social networks.
    Users posting cpmmentary aree often very helpful ass well
    as engaging.

  3. In short, as everything these days, now you can buy fans for your fan page.
    Today, Facebook iis among thee best if not the best social network that is visited by the maximum number of
    people every day. There are also people who will only be your
    friends if you buy something from them as a condition.

  4. Thanks for the concepts you are revealing on this website. Another thing I’d really like to say is that getting hold of copies of your credit report in order to check accuracy of each and every detail may be the first step you have to accomplish in fixing credit. You are looking to clean up your credit profile from harmful details problems that spoil your credit score.

  5. The system bus is further divided intto Data
    bus, Control bus and Address bus. Hope this will help you while receiving our products.

    We’re ongoing to further develop the business and wee our
    expanding our selection of equipment and our stock levels.

    Feel free to surf to my site … Cat iPhone 6 Case

  6. Hello exceptional blog! Does running a blog like this
    take a great deal of work? I’ve virtually no understanding of programming however
    I was hoping to start my own blog in the near future.
    Anyhow, should you have any recommendations or tips for new blog owners please share.
    I know this is off topic but I simply needed to ask.

  7. The major reason is improving your business profitability.
    Introduce by yourself to thosxe men and women by subsequent them and you’ll find some will comply
    with you back and consequently commence getting your tweets.
    The potency of Tony Hseih and Zappos communities has been used to strengthen relationships with Zappo’s brand offline.

  8. Good day I am so happy I found your web site, I really found you by
    error, while I was browsing on Askjeeve for something else, Regardless
    I am here now and would just like to say thank you for a remarkable post and a all round exciting blog (I also love the theme/design), I don’t have time to browse it all at the minute but I have saved it and also included your RSS feeds, so when I have time I will
    be back to read a lot more, Please do keep up the awesome job.

    Feel free to visit my web-site; whoisology.Com

  9. Oh my goodness! Impressive article dude! Thank you, However I am having troubles with your RSS.
    I don’t understand the reason why I can’t join it.
    Is there anybody else getting the same RSS issues? Anybody who knows the answer will you
    kindly respond? Thanx!!

  10. Learn how to write an assessment of literature.
    Подробнее читайте здесь – здесь
    What is overview of literature?
    Writing the introduction
    Writing our bodies
    Writing the actual final outcome
    What is overview of literature?
    The format of overview of literature can vary from discipline to discipline and from assignment to assignment.

    A review can be a self-contained unit — a conclusion in itself — or maybe a preface
    to and rationale for starting primary research. A review can be a required
    component of grant and research proposals and
    frequently a chapter in theses and dissertations.

    Generally, the purpose of your review is always
    to analyze critically a segment of the published body of information through
    summary, classification, and comparison of prior studies, reviews of literature, and theoretical articles.

    Writing the introduction
    In the introduction, you ought to:

    Define or identify the typical topic, issue, or part of concern, thus providing the ideal context
    for reviewing the literature.
    Point out overall trends as to what has been published about the subject; or
    conflicts theoretically, methodology, evidence, and conclusions; or gaps in research and scholarship; or even a single problem or new perspective of immediate interest.

    Establish the writer’s reason (standpoint) for reviewing the
    literature; explain the standards to be used in analyzing
    and comparing literature along with the organization on the review (sequence); and, at the appropriate
    interval, state why certain literature is or
    possibly is not included (scope).

    Writing the entire body
    In the entire body, you ought to:

    Group scientific studies and other varieties
    of literature (reviews, theoretical articles, case studies, etc.) in line
    with common denominators including qualitative versus quantitative approaches, conclusions of authors, specific
    purpose or objective, chronology, etc.
    Summarize individual studies or articles with as often or
    very little detail as each merits in accordance with its comparative importance inside literature,
    remembering that space (length) denotes significance.

    Provide you with strong “umbrella” sentences at beginnings of
    paragraphs, “signposts” throughout, and brief “so what” summary sentences
    at intermediate points from the review to assistance with understanding comparisons and
    Writing the final outcome
    In concluding, you must:

    Summarize major contributions of significant studies and articles to your body of information under review, maintaining the main focus
    established inside the introduction.
    Evaluate the actual “state from the art” for that body
    of data reviewed, declaring major methodological flaws
    or gaps in research, inconsistencies theoretically and findings,
    and areas or issues pertinent to future study.
    Conclude by some advice about the relationship between central topic with the literature
    review and also a larger part of study like a discipline,
    a scientific endeavor, or maybe a profession.

    For additional information see our handouts on Writing a Critical Review of any Nonfiction Book or Article or Reading a Book to Review It.

    To find out about literature reviews, check out our workshop on Writing Literature Reviews of
    Published Research.

Leave a Reply

Your email address will not be published. Required fields are marked *