Rhino Outdoor International (ROI), which operates outdoor activity based businesses, announced it has acquired YamaBuggy Sales and Distribution through a share exchange agreement, according to ROI’s press release.
YamaBuggy has the exclusive North American distribution rights for the side-by-side, off-road buggy, and ROI will immediately begin receiving revenue from sales. More than 300 vehicles have been sold through a nationwide dealer network in 2007.
The Yamaha JV factory manufactures the vehicle, and it has a four-stroke, 400cc engine.
ROI CEO/President Howard Pearl says the YamaBuggy has big growth potential.
“This is a major step in our strategic plan to develop products and services that appeal to the growing market of outdoor oriented consumers,” Pearl said in the release.Click here for reuse options!
Copyright 2007 Powersports Business