BRP Inc. Files Amended and Restated Preliminary Prospective for its Initial Public Offering

3 05 2013

VALCOURT, QUEBEC – May 2, 2013 – (Motor Sports Newswire) – BRP Inc. (“BRP” or the “Company”) filed today an amended and restated preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in connection with a proposed initial public offering of its subordinate voting shares. A copy of the amended and restated preliminary prospectus will be available on SEDAR www.sedar.com

The offering is being made through a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets, UBS Securities Canada Inc., Citigroup Global Markets Canada Inc., acting as joint bookrunners, and including Wells Fargo Securities LLC, CIBC World Markets Inc., Desjardins Securities Inc., Scotia Capital Inc., National Bank Financial Inc. and Robert W. Baird & Co. Incorporated.

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation or sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws and may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am all-terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide.

Sea-Doo, Ski-Doo, Spyder, Lynx, Evinrude, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. (a subsidiary of the Company) or its affiliates.

For information:
Pierre Pichette
Vice-President, Communications and Public Affairs
Tel: 450.532.5100, ext. 5135

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BRP Inc. Files a Preliminary Prospectus for its Initial Public Offering

17 04 2013

VALCOURT, QUEBEC -  April 17, 2013 – (Motor Sports Newswire) – BRP Inc. (“BRP” or the “Company”) filed today a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada in connection with a proposed initial public offering of its subordinate voting shares. A copy of the preliminary prospectus will be available on SEDAR www.sedar.com

The offering is being made through a syndicate of underwriters led by BMO Capital Markets, RBC Capital Markets, UBS Securities Canada Inc. and Citigroup Global Markets Canada Inc.

No securities regulatory authority has either approved or disapproved of the contents of this press release. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction in which such offer, solicitation of sale would be unlawful. These securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any U.S. state securities laws and may not be offered or sold in the United States except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

About BRP

BRP is a global leader in the design, development, manufacturing, distribution and marketing of powersports vehicles. Distributed in 105 countries, its portfolio of brands and products includes Ski-Doo and Lynx snowmobiles, Sea‑Doo watercraft, Can-Am all‑terrain and side-by-side vehicles, Spyder roadsters, Evinrude outboard engines, as well as Rotax propulsion systems. BRP employs approximately 6,800 people worldwide.

Sea-Doo, Ski-Doo, Spyder, Lynx, Evinrude, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. (a subsidiary of the Company) or its affiliates.

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First BRP Half-Marathon: Open to the Public

11 04 2013

VALCOURT, QUEBEC – April 11, 2013 – (Motor Sports Newswire) -  The first BRP half-marathon will take place through the streets of Valcourt on Sunday, May 5. Josée Fontaine and Julie Morel, both seasoned runners and BRP employees, put together this initiative to encourage physical activity and healthy eating.

Although the two organizers have already reached their goal of over 500 registrations among BRP employees and their families and friends, they decided to extend registration to people in the area, giving everyone a chance to take part in this first BRP half-marathon. More than 50 students from the Odyssée de Valcourt high school have been training for weeks to participate in the event.

People who want to participate have several options. A 1-kilometre route was designed for children, and 5-, 10- and 21-kilometre routes for adults. To encourage participation, the 5 km route can be walked. Anyone interested in taking part should register soon as the activity is limited to 700 participants.

“BRP values the health and well-being of its employees and of the communities in which we work,” said Gerd Ohrnberger, vice-president and general manager of the Product Engineering and Manufacturing Operations (PEMO) division and honorary president of the half-marathon. “Similar events are being held in cities where our pool of employees is large enough, such as in Austria, in the United States, in Mexico and in Finland.”

For details on the half-marathon, including the routes, registration fees and online registration, visit the website www.demimarathonbrp.com. This kind of event requires the assistance of many volunteers. Interested persons should get in touch with the organizers, whose contact information is available on the website.

Bombardier Recreational Products Inc. (BRP), a privately held company, is a world leader in the design, development, manufacturing, distribution and marketing of motorised recreational vehicles. Distributed in more than 105 countries, its portfolio of brands and products includes: Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Evinrude outboard engines, Can-Am all-terrain and side-by-side vehicles and roadsters, as well as Rotax engines. BRP also provides parts and service to Sea-Doo boats and Johnson outboard engine owners. BRP employs approximately 6,800 people worldwide. www.brp.com

Sea-Doo, Ski-Doo, Lynx, Evinrude, Johnson, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

For information:

Valérie Bridger
Senior Advisor, Corporate Communications
Tel.: 450.532.5107
valerie.bridger@brp.com

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This Spyder Has Some Bite

28 03 2013

SANTA ANA, CA – March 28, 2013 – (Motor Sports Newswire) – Get increased performance from your 2013 Can-Am Spyder RS-S with a new aluminum or carbon fiber Two Brothers Exhaust System.

Two-Brothers-Racing-Can-Am-SpyderImmediately drop weight from your Spyder RS-S with the new V.A.L.E.™ slip-on system.  In addition to incredible weight savings, you’ll also enjoy increased throttle response and improved power. We’re sure when you pull this exhaust system out of the box, install it on your Spyder and feel the performance, you’ll agree it’s Absolute Top Level™. Give your Spyder some bite with a Two Brothers exhaust today!

Two Brothers 2013-CAN-SpyderRSSAbout Two Brothers Racing

Two Brothers Racing has been producing championship winning products since 1985. From roots as a factory-backed AMA Superbike team to producing world-class performance exhaust systems, Two Brothers Racing knows what it takes to excel. Whether you ride a street bike, dirt bike, ATV or UTV, Two Brothers Racing produces a high-quality, performance-enhancing product to ensure your machine is operating at the Absolute Top Level™. For additional information, visit us online at www.TwoBros.com

Two Brothers Racing performance products are intended for race use only.

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Küryakyn releases 2013 Catalogs

22 02 2013

Three Versions for 2013 Reveal New Parts and new Formats

SOMERSET, WI – February 22, 2013 – (Motor Sports Newswire) – Küryakyn Holdings LLC, a leader in the aftermarket parts industry announced the release of their 2013 accessories catalogs for Harley-Davidson, Goldwing, and Metric motorcycles.   The new catalogs which will begin shipping February 22nd. If you can’t wait, the new versions are available for download now at www.Kuryakyn.com or through the Kuryakyn app.

Harley-Davidson-Cover

Separate, but equal: Küryakyn will be offering three complete catalogs for 2013 – Accessories For Harley-Davidson, Accessories For Goldwing, and Accessories For Metric Bikes (Victory, Honda, Yamaha, Kawasaki, Suzuki, Can-Am and Sportbikes). The addition of a specific Goldwing catalog is new for 2013.  In addition to featuring all of the products available in that category, each catalog is segmented for easier use.  The Harley catalog is broken into families (Touring, Softail, Dyna, Sportster), while the Goldwing is classified by generations and the Metric version showcasing all of the parts available for those particular bikes.

GoldWing-Cover

“We wanted to create a unique format that would allow our customers to easily find the information they were looking for without having to search through parts that are not applicable to their model,” says Küryakyn’s SVP of Sales & Marketing, Marc Wolfram.  “The look and feel of our 2013 catalogs is a great example of how Küryakyn continues to innovate in order to build a better customer experience.”

Metric-Cover

The 2013 Küryakyn catalogs are available to view online at www.Kuryakyn.com or via the Küryakyn app.  Print copies are currently shipping to dealers and retail customers.  To request a free catalog, customers can contact Küryakyn’s customer service department at 866-277-9598 Monday through Friday 8am to 5pm CST.

Founded in 1989 Küryakyn is a world leading provider of innovative and stylish bolt on accessories, primarily for cruisers and touring bikes.  Küryakyn offers a highly diverse product range that is unmatched in terms of style and design.  Providing exceptional customer service and developing innovative products are the foundation of Küryakyn.

Küryakyn Holdings LLC
P.O. Box 339
Somerset, WI 54025
(866)-277-9598
www.Kuryakyn.com

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BRP Recalls Can-Am Side-By-Side Vehicles Due to Fire Hazard

3 02 2013

WASHINGTON, D.C. – January 31, 2013 – (Motor Sports Newswire) – Consumers should stop using this product unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Recall Summary

Name of product: Can-Am® Commander Side-by-Side Off Road Vehicles

Hazard: Debris such as leaves, hay and grass in wet terrain areas can collect in the vehicle’s exhaust pipe area in a short period of time. A hot exhaust pipe and accumulated debris that has dried, poses a risk of fire.

Consumer Contact: BRP; toll-free at (888) 638-5397, from 8 a.m. to 6 p.m. ET Monday through Friday, or online at www.can-am.brp.com and click on “recall information” under the owner center for more information.

BRP Commander Recall

RECALL DETAILS

Units: About 25,000

Description: This recall involves 2011, 2012 and early 2013 model gas-powered Can-Am Commander side-by-side vehicles. The model name is printed on the vehicle’s side panel. Models included in the recall are:

Model Year 2011

Model Year 2012

Model Year 2013 (without Front Grill Kit)

Can-Am Commander 800R and 1000

Can-Am Commander XT 800R and 1000

Can-Am Commander X 1000

Can-Am Commander 800R and 1000

Can-Am Commander XT 800R and 1000

Can-Am Commander X 1000

Can-Am Commander Limited 1000

Can-Am Commander 800R and 1000

Can-Am Commander XT 800R and 1000

Can-Am Commander X 1000

Can-Am Commander Limited 1000

Can-Am Commander DPS 800R and 1000

Incidents/Injuries: The firm has received 18 reports of fires related to accumulated debris in the exhaust pipe area, including one report of minor burns to the hand.

Remedy: Consumers should immediately stop using the recalled vehicles, check their exhaust for accumulated debris as described in the Cleaning Procedure of Exhaust Area guide and contact a BRP dealer to schedule a free update kit repair. The guide is available to consumers at their local BRP dealer or online at www.can-am.brp.com. BRP has notified registered consumers directly about this recall and the vehicle’s cleaning guide.

Sold at: Can-Am dealers nationwide from April 2010 through November 2012 for between $11,700 and $21,000.

Manufacturer: BRP Mexico S.A. de C.V., of Juarez, Chihuahua, Mexico

Manufactured in: Mexico

The U.S. Consumer Product Safety Commission (CPSC) is still interested in receiving incident or injury reports that are either directly related to this product recall or involve a different hazard with the same product. Please tell us about your experience with the product on SaferProducts.gov
CPSC is charged with protecting the public from unreasonable risks of injury or death associated with the use of the thousands of consumer products under the agency’s jurisdiction. Deaths, injuries, and property damage from consumer product incidents cost the nation more than $900 billion annually. CPSC is committed to protecting consumers and families from products that pose a fire, electrical, chemical, or mechanical hazard. CPSC’s work to ensure the safety of consumer products – such as toys, cribs, power tools, cigarette lighters, and household chemicals – contributed to a decline in the rate of deaths and injuries associated with consumer products over the past 30 years.Under federal law, it is illegal to attempt to sell or resell this or any other recalled product.

To report a dangerous product or a product-related injury, go online to: SaferProducts.gov, call CPSC’s Hotline at (800) 638-2772 or teletypewriter at (301) 595-7054 for the hearing and speech impaired. Consumers can obtain this news release and product safety information at www.cpsc.gov. To join a free e-mail subscription list, please go to http://www.cpsc.gov/Newsroom/Subscribe/.

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BRP Sweeps 4×4 Quad Podium with Can-Am ATV’s in Dakar 2013

27 01 2013

SANTIAGP, CHILE – January 25, 2013 – (Motor Sports Newswire) – BRP’s Can-Am ATVs swept the 4×4 podium in the 2013 DAKAR rally, the annual off-road endurance race covering 8,500 kilometers in South America.

Can-Am-Dakar-Commander

Poised with their Can-Am Renegade X Xc vehicles, the triumphant Latin American pilots became figures of national pride as they shared the first, second and third places on the 4×4 podium during the awards ceremony in front of the La Moneda Palace in Santiago, Chile. Team rider Sebastián Palma won the title of the 4×4 class, placing fifth in the overall quad category. Palma took the race by storm, securing first place in the race’s seventh stage, known as one of the most challenging due to torrential rains.

“It is great pride, as a Chilean, to arrive in Santiago celebrating our performance in the Dakar,” said Sebastián Palma. “Even more so after wining the title in my class and having won a stage among all the quads.”

In total, BRP-sponsored pilots participated aboard thirteen vehicles: nine Can-Am Renegade 800 Xxc quads and four Can-Am Commander 1000 side-by-side vehicles. The so-called “yellow-blooded” racers, a nickname honouring BRP’s legendary colour, came from all over South America (Argentina, Bolivia, Brazil, Chile, and Colombia) to take on one of the most challenging races known to mankind, and make history in the process.

The UTV category proved to be among the most challenging categories. BRP’s Can-Am side-by-side fleet was the only one to boast one hundred percent completion of the DAKAR. This extraordinary achievement was a nod to BRP’s dedication to innovation, performance and handling.

Of special note is Colombian competitor Martha Mariño, who was the first woman to ever race in the UTV segment for the DAKAR. She and partner Carlos Bustamante, also Colombian, placed sixth in the UTV category.

Bombardier Recreational Products Inc. (BRP), a privately held company, is a world leader in the design, development, manufacturing, distribution and marketing of motorised recreational vehicles. Distributed in more than 100 countries, its portfolio of brands and products includes: Ski-Doo and Lynx snowmobiles, Sea Doo watercraft, Evinrude outboard engines, Can-Am all terrain and side-by-side vehicles and roadsters, as well as Rotax engines. BRP also provides parts and service to Sea-Doo boats and Johnson outboard engine owners. BRP employs approximately 6,500 people worldwide.  www.brp.com

Sea-Doo, Ski-Doo, Lynx, Evinrude, Johnson, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates.

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BRP Recalls Can-Am Side-By-Side Vehicles Due to Loss of Steering Control Hazard

11 01 2013

WASHINGTON, D.C. – January 11, 2013 – (Motor Sports Newswire) -

he following product safety recall was voluntarily conducted by the firm in cooperation with the CPSC. Consumers should stop using the product immediately unless otherwise instructed. It is illegal to resell or attempt to resell a recalled consumer product.

Name of Product: Can-Am® Commander side-by-side off-road vehicles

Units: About 3,400

Manufacturer: BRP Mexico S.A. de C.V., of Juarez, Chihuahua, Mexico

Hazard: Improper assembly of the steering column to the rack and pinion can result in the loss of steering control, posing a risk of serious injury or death to the user, passenger or bystanders.

Incidents/Injuries: The firm has received three reports of loss of steering. No injuries have been reported.

Description: This recall includes the following serial numbers of 2011 and 2012 Can-Am Commander side-by-side vehicles. The model name is printed on the vehicle’s side panel. Models included in the recall are:

Model Year 2011

  • Can-Am Commander 800 and 1000
  • Can-Am Commander XT 800R and 1000
  • Can-Am Commander X 1000

Model Year 2012

  • Can-Am Commander 800 and 1000
  • Can-Am Commander XT 800 and 1000
  • Can-Am Commander X 1000
  • Can-Am Commander Limited 1000

Sold at: Can-Am dealers nationwide from April 2011 through December 2012 for between $11,700 and $21,000.

Manufactured in: Mexico

Remedy: Consumers should immediately stop using the recalled vehicles and contact a BRP dealer to schedule a free repair. BRP has notified registered consumers directly about this recall.

Consumer Contact: BRP toll-free at (888) 638-5397from 8 a.m. to 6 p.m. ET Monday through Friday, or online at www.canamoffroad.com and click on “Recall Information” under the Owner Center for more information.

Can-Am Commander

Can-Am Commander

The U.S. Consumer Product Safety Commission (CPSC) is still interested in receiving incident or injury reports that are either directly related to this product recall or involve a different hazard with the same product. Please tell us about your experience with the product on SaferProducts.gov

CPSC is charged with protecting the public from unreasonable risks of injury or death associated with the use of the thousands of consumer products under the agency’s jurisdiction. Deaths, injuries and property damage from consumer product incidents cost the nation more than $900 billion annually. CPSC is committed to protecting consumers and families from products that pose a fire, electrical, chemical or mechanical hazard. CPSC’s work to ensure the safety of consumer products – such as toys, cribs, power tools, cigarette lighters and household chemicals – contributed to a significant decline in the rate of deaths and injuries associated with consumer products over the past 30 years.

Under federal law, it is illegal to attempt to sell or re-sell a recalled product.

To report a dangerous product or a product-related injury go online to www.SaferProducts.gov or call CPSC’s Hotline at (800) 638-2772 or teletypewriter at (800) 638-8270 for the hearing impaired. Consumers can obtain news release and recall information at www.cpsc.gov, on Twitter @OnSafety or by subscribing to CPSC’s free e-mail newsletters.

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Motocross Champion Ricky Carmichael, Colin Edwards, Kevin Schwantz and more set to Appear at Progressive International Motorcycle Shows Kick-Off in Atlanta

31 10 2012

Atlanta is First Stop of 13-City Tour with Hundreds of New Motorcycles, Custom Choppers, Celebrity Racers and More

ATLANTA, GA – October 30, 2012 – (Motor Sports Newswire) – Several motorcycle racing legends are set to appear at the 2012 Progressive International Motorcycle Shows nationwide tour kick-off, at the Cobb Galleria Centre, in Atlanta, Friday, November 2, through Sunday, November 4. Racing fans won’t want to miss this opportunity to meet some of the top motorcycle racing legends in person, and hear what it is like to be a professional motorcycle racer. Special appearances throughout the weekend include:

  • Motocross Champion Ricky Carmichael and Women’s Motocross Association Champion Ashley Fiolek will greet fans and sign autographs, on Friday, November 2, from 6 p.m. to 7 p.m. and Saturday, November 3, from 1 p.m. to 2 p.m.
  • 1993 500cc World Champion Kevin Schwantz, Two-Time World Superbike Champion Colin Edwards and Scott Russell will discuss MotoGP racing in a discussion panel hosted by Speed TV Supercross Sideline Reporter Erin Bates on Friday, November 2, at 5:30 p.m. These top former MotoGP racers will who will provide insight into this premier class of motorcycle road racing.
  • Speed TV Supercross Sideline Reporter Erin Bates, featured in this year’s Progressive International Motorcycle Shows “Human Motorcycles” ad campaign, will be available to sign autographson Friday, November 2, at 6:30 p.m. Campaign posters featuring Bates body painted and the “Human Motorcycles” will be available for purchase on site.
  • Additional presentations by Nick Ienatsch, Ken Hill and Scott Russell will take place all weekend long, highlighting the Yamaha Champions Riding School, as well as Q & A’s with Kevin Schwantz, at show’s interactive stage dubbed The Podium.
  • Progressive International Motorcycle Show Short Clip Preview – Shot and edited the night before the opening of the Progressive International Motorcycle Show in Atlanta, showgoers will be treated to a first look at a short clip featuring a “ride” through the new show with Ricky Carmichael, Colin Edwards and Ashley Fiolek, on Friday, November 2, at 5 p.m.

From hard-core enthusiasts to casual riders, the Cobb Galleria Centre in Atlanta will be the place for motorcycle enthusiasts to immerse themselves in bike culture, meet the professionals, talk to experts and climb on all the hottest rides. This is the first place in the United States to see all of the new models from leading manufacturers including BMW, Can-Am, Ducati, Harley-Davidson, Honda, Kawasaki, Star, Suzuki, Triumph, Yamaha and more, as well as the latest aftermarket parts and accessories.

The Progressive International Motorcycle Show in Atlanta will be open to the public Friday, November 2 through Sunday, November 4, at the Cobb Galleria Centre, located at 2 Galleria Parkway Southeast. Show hours are Friday, from 3 p.m. to 8 p.m., Saturday, from 9:30 a.m. to 8 p.m. and Sunday, from 10 a.m. to 5 p.m. Admission to the event is $15 adults $6 for children 6-11. Children 5 and under are admitted free. Following the kick-off in Atlanta, the Progressive International Motorcycle Shows nationwide tour will continue across the country with stops in Dallas, San Francisco, Los Angeles, Seattle, Washington DC, Minneapolis, New York, Ohio, Michigan, Chicago, Indianapolis and Charlotte. For more information, call 800/331-5706 or visit www.motorcycleshows.com.

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BRP Selects Querétaro Mexico to Build New Manufacturing Facility

3 10 2012

Santiago de Querétaro, Querétaro – October 2, 2012 – (Motor Sports Newswire) – BRP is building a new manufacturing facility in Querétaro to produce engines for its Can-Am off-road vehicles, manufacture composite hulls and decks, and eventually assemble Sea-Doo watercraft (PWC).

The 55,740-m2 (600,000-ft2) facility located in Querétaro’s industrial park will be built in three phases over a period of four years. The first phase is to assemble the Rotax engines that are currently being assembled in BRP’s facility in Ciudad Juárez – freeing up much-needed space to increase production capacity for ATVs and side-by-side vehicles. This phase, representing an investment of 395 million Mexican pesos (CA$30 million), will create 300 jobs and will be completed by the end of the year.

“Querétaro was the ideal choice for BRP given its proximity to Mexico City, its modern transportation infrastructure and its strong talent pool,” said Thomas Wieners, plant director. “Over and above direct job creation, this opens up great opportunities to local suppliers as well.”

Starting in spring 2013, BRP will put in place its new composite manufacturing process for PWC hulls and decks, and will gradually transfer its PWC assembly to Querétaro from 2014 to 2015 to provide more capacity in its Canadian plant.

“We are very excited with BRP’s investment, a world leader in the powersports industry and a manufacturer of products built in Mexico and sold in over 100 countries,” said José Calzada Rovirosa, state governor. “Reputed for its capacity to innovate, BRP now opens new opportunities for our Querétaro labour force for many years to come.”

Present in Mexico since 2001, BRP built a 38,000-m² (410,000-ft²) facility in Ciudad Juárez, Chihuahua in 2007, which now employs over 1,500 people.

Bombardier Recreational Products Inc. (BRP), a privately held company, is a world leader in the design, development, manufacturing, distribution and marketing of motorised recreational vehicles. Its portfolio of brands and products includes: Ski-Doo and Lynx snowmobiles, Sea‑Doo watercraft, Evinrude and Johnsonoutboard engines, Can-Am all‑terrain and side-by-side vehicles and roadsters, as well as Rotax engines. BRP products are distributed in more than 100 countries. BRP currently employs more than 6,000 people worldwide. www.brp.com

Sea-Doo, Ski-Doo, Lynx, Evinrude, Johnson, Can-Am, Rotax and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.

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