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..
Textron sold Arctic Cat to a new investment group in April 2025 following production pauses. 2017–2025: Key Aspects of Textron Ownership textron buys arctic cat
The division faced struggles with inventory, dealer support, and market pressures, leading to a production suspension in late 2024 and 2025. 2025–2026: The "Return" of Arctic Cat finalized its acquisition of Arctic Cat Inc
Textron invested in product development, including the Wildcat XX side-by-side. Textron sold Arctic Cat to a new investment
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.
In January 2026, Arctic Cat announced its acquisition of Widescape , a Canadian manufacturer of stand-up enduro snowmobiles.
Following the acquisition by the investor group, Arctic Cat rehired staff and resumed operations in Minnesota in mid-2025.