Polaris Sells Indian to Carolwood LP Private Investment Group
Learn about Polaris selling Indian Motorcycle to Carolwood and what it means for factories and dealerships worldwide.
Polaris announced today it will sell its majority interest in Indian Motorcycle to Carolwood LP, a private investment group.
Indian Motorcycle will become a separate company, no longer part of Polaris, which makes the Slingshot three-wheeler, ATVs, snowmobiles, and other vehicles.
The sale is expected to close in the first three months of 2026. The financial terms of Carolwood’s acquisition of a majority stake in Indian have not been publicly disclosed.
Indian Motorcycle’s factories in Spirit Lake, Iowa, and Monticello, Minnesota, along with a design center in Switzerland, will remain with the new company, a promising sign of continuity.
About 900 workers, including engineers and designers, will continue to work for Indian Motorcycle.
Dealerships worldwide will continue selling bikes, parts, and gear, and offering service.
Author summary: Polaris sells Indian Motorcycle to Carolwood LP.