ARGO Completes Arctic Cat Buyout, Eyes Increased Powersports Market Share

It’s official, or at least that is what I’m reading online, ARGO has acquired Arctic Cat from Textron Specialized Vehicles. It brings excitement for fans of Arctic Cat, and renewed hope for the snowmobile industry that has seen some lean years. Here’s what we know.

In a social media post shared by Country Cat, a Minnesota Artic Cat snowmobile dealer, a press release as well as the phrase, The Cat Is Back, has garnered plenty of attention. The post was made around 10 this morning, and it reveals that ARGO has finalized a deal to buy Arctic Cat and it’s facility in Thief River Falls.

An investment group has acquired Arctic Cat! Brad Darling will be at the reins and guide Arctic Cat into this exciting new chapter. The Cat is back!!!

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