Polaris Acquires Hammerhead Off-Road Vehicles Business

Polaris Industries Inc. (PII) today announced it has signed an agreement to acquire HH Investment Limited (“Hammerhead”). Hammerhead manufactures gasoline powered go-karts, light utility vehicles, and electric utility vehicles in Shanghai, China. The Company markets its products globally under the Hammerhead Offroad® brand, along with maintaining key private label relationships with other OEMs. The transaction is expected to close within the next 90 days.