Textron, Inc. acquired Polaris in 1968.
In a significant corporate transaction, Polaris was purchased by Textron, Inc. in the year 1968. This acquisition was a pivotal moment in Polaris's history, bringing it under the umbrella of a larger conglomerate. Notably, Textron opted to maintain Polaris's manufacturing operations in Roseau, Minnesota, ensuring the continuity of production at its established base.
This strategic move by Textron illustrates a common approach in business acquisitions, where the acquiring company integrates a successful entity while preserving its core operational strengths and geographic roots. For Polaris, remaining in Roseau, MN, was key to retaining its specialized expertise and connection to its origins.
Here are the key details of the acquisition:
| Acquirer | Acquired Company | Year of Acquisition | Manufacturing Operations Maintained In |
|---|---|---|---|
| Textron, Inc. | Polaris | 1968 | Roseau, MN |
For more information on Polaris's historical milestones, you can explore their official timeline: Polaris History Timeline
