Some clarification seems necessary regarding Evinrude and Bombardier:
Evinrude was a brand of OMC. In 1997 OMC was in serious financial difficulty and was sold to a private group led by Alfred Kingsley and backed by George Soros for US-$337-million. About three years later in December 2000, OMC filed for bankruptcy.
In 2001 Bombardier, the large aircraft and railcar manufacturing corporation in Canada, acquired the remnants of OMC from the bankruptcy court in a bid process (with bid partner JTC Acquisition LLC, the affiliate of Minneapolis-based Genmar) for US-$95-million. Soon after, Genmar took the boat building assets (Chris-Craft, Javelin and Four Winn brands) and Bombardier retained the the Johnson and Evinrude outboard-engine lines as well as certain fuel-injection technology intellectual property, and the ownership partnership between Bombardier Inc and JTC Acquisition LLC (Genmar) ended.
In 2003 Bombardier, Inc., spun off a subsidiary (Bombardier Recreational Products or BRP) which included SKI-DOO snow machines, SEA DOO personal watercraft, CAN AM off-road and on-road vehicles, ROTAX engines, and Evinrude and Johnson outboard engines and associated intellectual property, and sold them to a buying group. The buyers were, in short, the Bombardier family, a Canadian investment group 4338618 Canada Inc, and Bane Capital Management, a global investment group.
The Wall Street Journal wrote:MONTREAL -- Bombardier Inc. agreed to sell its recreational-products business to a group including Bain Capital and the Bombardier family for 1.23 billion Canadian dollars (US$879 million), largely completing a recapitalization program that leaves the company focused on its big aircraft and rail-equipment divisions.
Since 2003 BRP Inc. was a privately held corporation, but in 2013 BRP had an initial public offering (IPO) of shares at CA-$21.50. The present BRP is now an public equity-stock owned corporation and listed on the Toronto Stock Exchange under symbol DOO. Buying shares in BRP Inc. in 2003 would have been a good investment as their stock rose to around CA-$74 in February, 2020. The stock price, of course, has recently fallen due to problems related to a global pandemic.
The present BRP Inc. now manufacturers the follow brands of products:
- Ski-Doo
- Lynx (snow machines)
- Sea-Doo
- Evinrude
- Rotax
- Can-Am Off-Road
- Can-Am On-Road
- Alumacraft
- Manitou
- Telwater
If you look at the annual report from BRP Inc., you will see that in terms of total sales revenue, the Evinrude operation is not exactly a huge percentage of BRP Inc.'s total revenue. Many badly-informed OMC-haters used to spread fear, uncertaintly, and doubt (FUD) about BRP being poorly capitalized or teetering on the edge. None of that was true. Dock talk about engine brands or off-the-cuff remarks in web forums about engine brands should generally be ignored unless some sort of actual data is cited.