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Yamaha Motor Australia Pty. Ltd. (YMA) is excited to announce it has signed a purchase agreement with subsidiaries of BRP Inc., headquartered in Canada, to acquire all the shares of Telwater Pty Ltd (Telwater), an Australian aluminium boat manufacturer. This acquisition is contingent on obtaining the clearances, permits, etc., required by competition laws and other regulations.
Boasting Iconic brands including Quintrex and Stacer, Telwater has been a pioneering specialist in designing and manufacturing aluminium boats in Australia for almost four decades. Its addition to the Yamaha Motor Australia Group aligns with Yamaha Motor’s global commitment to delivering the highest quality products and the ultimate *Kando experience to its customers.
The acquisition of Telwater is intended to strengthen the foundations of Yamaha Motor’s marine business, and the company aims to not only expand its sales network in the country but also reinforce the foundations of its outboard motor business.
As we continue to grow and innovate, we remain committed to maintaining and strengthening our diverse and dynamic network of partnerships. These valued relationships are essential to delivering value to our customers and driving success in the market.
In 2025, Yamaha Motor Co., Ltd. will celebrate 70 years of operation. Telwater Pty Ltd also has a rich history, beginning its journey into the Australasian market in 1988 with the iconic Australian brand Quintrex, a name that can trace its heritage back to 1945. Telwater’s portfolio now includes Stacer and a number of other leading brands. The recent commencement of manufacturing to produce the MOVE brand of trailers, further solidified Telwater’s reputation as Australia’s leading name in aluminium boat manufacturing.
With respect to Yamaha Motor’s long-term vision “ART for Human Possibilities”, which has the company committed to a cleaner future, this acquisition provides the global Yamaha Motor Group with further opportunities to develop marine products with a reduced environmental footprint to ensure our waterways and nature can be enjoyed by the next generation of Yamaha owners in the same way that we do.
About Yamaha Motor Company and Yamaha Motor Australia
Founded in 1955 with the release of the very first Yamaha Motorcycle, the YA-1 Red Dragonfly, Yamaha Motor’s journey in the marine industry commenced in 1960 with the release of the P-7 model. The company’s Corporate Philosophy has always been to be a *Kando creating company, offering new excitement and a more fulfilling life for people worldwide.
Through our passion for innovation, and our many products, we create experiences that enrich the lives of our customers. Since inception, Yamaha Motor has embraced its spirit of challenge to deliver products that are at the forefront of design and technology.
Yamaha Motor Australia Pty. Ltd. was incorporated in June 1983, becoming part of a rapidly growing international business. Yamaha Motor Co., Ltd. has been positioned as the outboard motor market leader in Australia and New Zealand for a number of years.
About Telwater Pty Ltd
Telwater Pty Ltd is Australia’s leading manufacturer of aluminium boat and trailer packages. The company specialises in designing and manufacturing some of Australia’s top aluminium boat brands, including Quintrex and Stacer.
With a legacy spanning 40 years, Telwater has set industry benchmarks through innovative design and advanced technology, with a relentless commitment to research and development. Operating from an 8.6-hectare facility in Queensland’s Gold Coast marine precinct, Telwater supplies over 220 dealers nationwide. Telwater also exports its products to select international markets.
*Kando: A Japanese word used to describe the sensation of excitement when experiencing supreme quality and performance.
