With the improving consumption capacity of Chinese people and their continuous pursue for high-quality lifestyle, China's caravan vehicle industry saw rapid growth in recently years. As a response to this trend, Messe Düsseldorf (Shanghai) Co., Ltd. launched a brand new exhibition for the Chinese market in 2012: the first All in CARAVANING, tailored to meet the specific needs in China and Asia.
French-based Rapido Group, owner of the Westfalia brand, announced that it signed a binding letter of intent to acquire substantially all of the assets related to the Roadtrek RV brand, an operating division of Erwin Hymer Group North America Inc. (EHGNA) which is in the midst of receivership proceedings.
The caravan business in Norway is experi- encing massive interest. Compared to the population, the country has Europe’s second largest density of motor caravans; and the country has a lot of space and nature to of-fer tourists on wheels.
ELKHART, Ind. & BAD WALDSEE, Germany--(BUSINESS WIRE)-- Thor Industries, Inc. (“Thor”, NYSE:THO) and the shareholders of Erwin Hymer Group SE (Erwin Hymer Group or EHG) today announced that they have entered into a denitive agreement for Thor to acquire Erwin Hymer Group, a privately held international company, for an enterprise value of approximately €2.1 billion, with the purchase price to be funded with cash and equity.
Drew Industries Incorporated (NYSE: DW), a leading supplier of components for recreational vehicles (RVs) and manufactured homes, today announced that its wholly-owned subsidiary, Lippert Components, Inc. (LCI®), has acquired Project 2000 S.r.l., a Florence, Italy-based manufacturer of motorized entry steps, bed lifts and RV accessories. Sales of the acquired business for 2015 were approximately €10 million.
LAMILUX is expanding and investing: In recent months, the family-managed company built a new production plant for fibre-reinforced plastics and a new office building at its administration and production site in Rehau.