February 4, 2010 (FinancialWire) — Polaris Industries Inc. (NYSE: PII) has acquired swissauto Powersports, a Swiss firm engaged in designing and developing engines and vehicles.

According to Polaris, the acquisition will further strengthen the company’s global engine and vehicle design capability while also enhancing the company’s European presence.

Founded in 1987, swissauto’s core capabilities are in development, prototyping and manufacturing of internal combustion engines. Polaris said it has a history of working with swissauto. It said that the four-stroke Weber engine that Polaris uses in several current snowmobile models was developed by swissauto.

In addition to recreational vehicle engines, swissauto also has a tradition of developing racing engines for World Motorcycle GP. The company’s V4 2-stroke 500 cc engine drove 29 wins, 41 Poles and 3 World Championships during the 1990s. Wisconsin-based Polaris designs, engineers, manufactures and markets off-road vehicles, including all-terrain vehicles and the Polaris Ranger, snowmobiles and Victory Motorcycles for recreational and utility use.

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