Indian Motorcycle ownership takeover closed as “dynamic new era” begins
The ownership takeover of Indian Motorcycle by Carolwood LP has been completed.
Indian Motorcycle is officially under new ownership, as the takeover of the company by Carolwood LP has been closed.
The completion of the deal for Carolwood to become the owners of Indian comes as the manufacturer celebrates its landmark 125th anniversary this year.
Indian says the agreement for Carolwood’s takeover “marks the beginning of a dynamic new era” for the manufacturer “as a fully independent business focused solely on motorcycles.”
Additionally, it says that manufacturing will remain in the company’s existing facilities in Spirit Lake, Iowa; and Monticello, Minnesota. Furthermore, it will continue to make use of its existing facilities Burgdorf, Switzerland and Wyoming, Minnesota for industrial design and technology, and product development operations.
“It’s an incredible honor to take the helm of Indian Motorcycle as it celebrates its 125th Anniversary, empowered by a sense of gratitude and opportunity, and the support and ambition of a well-resourced, highly motivated ownership team,” said new Indian CEO Mike Kennedy.
“2026 will be a special year to honor our history, but more importantly, to drive the brand into the future with a renewed level of commitment, focus and clarity that can only be found as a stand-alone company.
“We will achieve our vision through a deeper level of differentiation, leaning in on what makes our brand unique, and with products that possess a style, craftsmanship and performance quality that is uniquely justified by our historic legacy and spirit of innovation.”
Kennedy added: “Dealers are our most important partners, and we will judge our business based on the success of our dealers. We intend to be extremely collaborative with our dealers, actively listening to their feedback and incorporating it into our planning and decision-making, not only in terms of dealer operations, but also product development and marketing.”
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