Benzinga | Jan 31, 2022 07:28AM EST

BRP Plans Expansion In Europe With New Design Studio In France

* BRP Inc (NASDAQ:DOOO) has confirmed its expansion in Europe with the implementation of a Design Studio in Sophia-Antipolis in the South of France.

* The new studio will officially open in December 2022.

* The facility will provide additional design services to internal partners based in Europe and Scandinavia, such as Rotax and Lynx.

* The European Design Studio Team will be headed by a dedicated Design Manager and include product, transportation, and CAD designers.

* Price Action: DOOO shares closed higher by 2.01% at $80.89 on Friday.