BRP ACQUIRES MAJORITY STAKE IN GERMAN-BASED PINION TO SPUR THE DEVELOPMENT OF NEW URBAN MOBILITY SOLUTIONS

VALCOURT, QC, Aug. 5, 2022 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) is pleased to announce the acquisition of an 80% stake in Pinion GmbH, a pioneer in gearbox technology based in Denkendorf, Germany. Driven by a passion to shape sustainable mobility, Pinion’s team of over 60…