Polaris announced July 20 it has signed an agreement with Walker Evans Enterprises to purchase the Walker Evans Racing brand and operating assets. Since 2000, Walker Evans Enterprises has been a Polaris supplier and provides shocks for the Company's off-road vehicles and snowmobiles.
Polaris will integrate the Walker Evans business into its Off Road business, processes and systems. Former Walker Evans Racing Co-Owner Randy Anderson will join Polaris to help support a seamless transition of the business and continue to drive innovation through the Walker Evans portfolio of products.
The sale is contingent on customary closing conditions and is expected to close before the end of Q3. Terms of the sale are not disclosed.
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