Telwater, with its brands QUINTREX and STACER, has been a leader in aluminium boat design and production in Australia for almost forty years. Its acquisition by Yamaha Motor Australia strengthens Yamaha Motor’s global commitment to providing the best customer experience and premium products, while also boosting its market share and innovation in the Australian and New Zealand marine sectors.
“Whilst the acquisition is an exciting one for the Yamaha Motor Australia Group, we remain committed to our core partnership values as Australia’s leading outboard supplier. For our dealer group, as well as our commercial and OEM partners, it will be business as usual with the added excitement of further opportunities ahead,” added the company.
Yamaha Motor and Telwater’s partnership combines technological expertise, commercial success, and cultural understanding. This synergy will drive innovation, product development, and benefit the Australasian boating community.
“We are pleased with today’s announcement, our first transaction in the process for the sale of our Marine businesses,” commented José Boisjoli, President and CEO of BRP. “I would like to sincerely thank all of the talented employees for their contribution and commitment over the years. We know we can count on their professionalism to continue supporting our dealers and customers with dedication through this transition period, until the transaction is completed.”
This acquisition gives the global Yamaha Motor Group more chances to create marine products with a smaller environmental impact, which is in line with Yamaha Motor’s long-term vision, “ART for Human Possibilities,” and its dedication to a cleaner future. By putting sustainability first, the firm hopes to protect rivers and the environment so that Yamaha owners in the future can enjoy them as much as they do now.
Sam Heyes, Telwater Pty, Ltd General Manager said,” Telwater’s suite of products have long been regarded as Australian boating favourites. Producing a wide range of the country’s most sought-after fishing, family and cross-over boat models, Telwater products are synonymous with quality – the same is true of the Yamaha Motor name and its products. It’s an honour to be on board as Telwater embarks on a new voyage. We will continue to be a major part of Australia’s boating culture and with Yamaha Motor now at the helm it means we can not only keep abreast with the latest trends and technological advancements but continue setting the standard.”
Yamaha Marine’s global production network is further strengthened with the exciting and significant milestone of Telwater Pty Ltd’s absorption into the Yamaha Motor Australia Group. In addition to expanding the Australian market, this acquisition will speed up research and development of Yamaha Motor’s marine propulsion and manoeuvring technologies globally by bringing in well-known boating brands like QUINTREX and STACER. The Telwater team is a welcome addition to the Yamaha family, as expressed by Yamaha Motor Australia Group. For both businesses and, most crucially, our marine clients, who can anticipate even more innovation and prospects, this is a momentous occasion.
Sam Heyes further added, “I’m pleased to let you know that BRP has entered into a definitive agreement to sell 100 per cent of the outstanding shares of Telwater Pty, Ltd. to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co., Ltd. While this transaction is subject to certain customary closing conditions, including regulatory approval, we expect it to be completed in the second quarter of Fiscal 26 (between May and July of 2025). This news comes on the heels of BRP’s decision last October to sell its Marine businesses to double down on its core Powersports activities, enhancing its position for long-term success. For now, and until the transaction is approved and completed, there will be no changes to our operations, and it will be business as usual for you, our dealers. Once the transaction is officially approved and completed, you can expect Yamaha Motor Australia to reach out to you to provide more detailed information about the transition. Rest assured that until then, our teams at Telwater remain committed to offering you the excellent service that you have come to expect.”
