# BRP to acquire Kongsberg Automotive's Shawinigan operations

BRP Inc. signed a definitive agreement to acquire the assets of Kongsberg Automotive's motorsports activities in Shawinigan, Quebec, which develops and manufactures electronic and mechatronic components. The acquisition is expected to close by the end of Q3 2022.

- Type: Acquisition
- Announced: 2022-08-09
- Where: Shawinigan, Quebec, Canada
- Jobs: 300
- Status: announced
- Products: electronic and mechatronic components for motorsports
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [BRP Inc.](https://endata.com/companies/2495.md) (acquirer)
- [Kongsberg Automotive](https://endata.com/companies/12484.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/brp-fera-l-acquisition-des-activites-de-shawinigan-de-kongsberg-inc-un-leader-dans-le-domaine-des-composants-electroniques-et-mecatroniques-813865381.html), 2022-08-09: "BRP Inc. a annoncé aujourd'hui qu'elle a conclu une entente définitive avec Kongsberg Automotive ASA et sa filiale Kongsberg Inc. pour acquérir la quasi-totalité des actifs liés à ses activités de sports motorisés situées à Shawinigan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.