US motorcycle maker Indian Motorcycles has undergone a change in ownership. Polaris, the current owner, has sold a majority stake in Indian Motorcycle to Carolwood, a real estate and private equity firm.
Indian Motorcycle will continue to operate as part of Polaris until the deal is complete, expected to occur in early 2026. The company's manufacturing facilities in Spirit Lake, Iowa, and Monticello, Minnesota will transition to the new standalone motorcycle company.
The industrial design and technology center in Burgdorf, Switzerland will also transition to the new firm after the deal is finalized. Notably, Polaris will retain a small equity in the company.
No official statement has been provided by the companies regarding the sale.
Author's summary: Indian Motorcycle is now an independent company.