Canada’s BRP buys local boat builder

Canadian conglomerate BRP has purchased 80 pert cent of the shares in leading Australian aluminium leisure craft and trailer builder, Telwater Pty Ltd. BRP Marine, which owns the Evinrude, Alumacraft and Manitou brands, will increase its global reach by buying Australia’s number one builder of aluminum boats from owner, Paul Phelan. Phelan, Telwater’s managing director,…