Australia’s competition regulator opposes BRP’s sale of Telwater to Yamaha

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MONTREAL - Australia's competition regulator is opposing BRP Inc.'s proposed sale of Telwater Pty Ltd. to a subsidiary of Yamaha Motor Co. Ltd.

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MONTREAL – Australia’s competition regulator is opposing BRP Inc.’s proposed sale of Telwater Pty Ltd. to a subsidiary of Yamaha Motor Co. Ltd.

Telwater makes aluminum trailer boats in Australia under its Quintrex, Stacer and Yellowfin brands.

Yamaha is the leading supplier of outboard motors.

Signage is seen on the offices of BRP Inc. in Montreal, Monday, March 24, 2025. THE CANADIAN PRESS/Christinne Muschi
Signage is seen on the offices of BRP Inc. in Montreal, Monday, March 24, 2025. THE CANADIAN PRESS/Christinne Muschi

The Australian Competition and Consumer Commission says the deal would likely significantly disadvantage rival outboard motor suppliers in competing with Yamaha.

BRP says it is considering the decision and will be evaluating all available options to determine the best path forward.

The company, which is the maker of Ski-Doos and Sea-Doos, has been working to sell its marine businesses to focus on its core powersports operations.

This report by The Canadian Press was first published Dec. 18, 2025.

Companies in this story: (TSX:DOO)

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