Deal snapshot: Waev Closes Acquisition of GEM and Taylor-Dunn Businesses of Polaris.


US-based electric mobility provider Waev Inc. has purchased the GEM and Taylor-Dunn businesses from US-based powersports manufacturer Polaris Inc. (NYSE: PII) in a management buyout completed December 31, 2021, the company said.

Terms of the deal are confidential. Founded by five former Polaris leaders, Waev will strategically place the GEM and...

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