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BRP Acquires 80% of Telwater

Friday, May 3, 2019

Telwater boat brands joins BRP Marine Group

BRP Inc (Bombardier Recreational Products), a global leader in the world of powersports vehicles and propulsion systems and engines including the Evinrude ETEC outboard, has just announced that it has entered into a definitive agreement to acquire 80% of the outstanding shares of Telwater Pty Ltd ("Telwater"), Australia's leading manufacturer of aluminium boats and trailers. Following the closing of the contemplated acquisition, Paul Phelan, Telwater's current owner and Managing Director, will continue to play an important role in the operations of the business and will hold 20% of the company's outstanding shares. Telwater’s Coomera factory and its 270 employees will continue to operate business as usual. The processes and systems Telwater are of the many reasons the company is such an attractive purchase for BRP. Telwater is the premier aluminium boat manufacturer of market-leading brands including Quintrex, Stacer, Yellowfin and Savage Boats. The Company manufactures over 8,000 boats and 5,500 trailers annually and exports to over 20 countries. With a more solidified partnership, the reasons to own a Savage / Evinrude Boat Motor & Trailer Package has never been stronger. For additional information visit Telwater Boats or BRP Global News.

The Savage Boats brand is an iconic Australian brand has come a long way from its origins as a wooden boat builder. The brand was founded by John Joseph Savage to build wooden boats out of Melbourne’s Hawthorn and South Yarra in 1898, then moving to nearby Williamstown. More than a century later, the Savage Boats brand is firmly etched in Australia’s boating heritage. The current Savage range includes the Raptor, Bay Cruiser and Bluewater series. Enquire today about the Savage Ultra-Lift Hull, available on the majority of the Savage models, which improves stability both at rest and underway, increases fuel efficiency and provides and all-round better performance. Engineered for stability, ease of handling and performance and consideration of consumer needs to be economically fuel efficient, Savage aluminium boats are excellent value and contain all the essentials you need for a great day on the water and a no-fuss way to get into boating and with no expensive extras.Want to know more ? Have a look at the complete range of Savage Aluminium Boats or contact us direct and let our knowledgeable staff assist you with your enquiries. It’s what we do! Enquire Now.

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Reference Souce: BRP Global News & Telwater Aluminium Boats

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