BRP agrees to acquire Great Wall Motor Austria

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• BRP (NASDAQ:DOOO) to acquire Kottingbrunn-based Great Wall Motor Austria GmbH, a subsidiary of Great Wall Motor based in Baoding, China for an undisclosed sum.
• The leading EV R&D centre in Austria specializes in e-drive systems and transmissions and currently employs highly skilled individuals who will receive ongoing employment as part of this agreement.
• The deal is subject to customary closing conditions and is expected to close by the end of Q2 this fiscal year.