On April 24, 2025, Textron announced it sold the powersports business to an investment group led by former Arctic Cat executive (and then-Argo CEO) Brad Darling .
The division faced struggles with inventory, dealer support, and market pressures, leading to a production suspension in late 2024 and 2025. 2025–2026: The "Return" of Arctic Cat textron buys arctic cat
In January 2026, Arctic Cat announced its acquisition of Widescape , a Canadian manufacturer of stand-up enduro snowmobiles. On April 24, 2025, Textron announced it sold
Textron sold Arctic Cat to a new investment group in April 2025 following production pauses. 2017–2025: Key Aspects of Textron Ownership On April 24