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Slide #5. Thor Industries, Inc. — Bison Coach
Thor Industries, Inc. (NYSE:THO)
Thor Industries, Inc. (NYSE: THO) today announced that, through a wholly-owned subsidiary, it has acquired the net assets of specialty trailer manufacturer Bison Coach from an operating unit of Navistar, Inc. The purchase price, which will be paid in cash, is approximately $16.7 million, subject to post-closing adjustments.
Thor Industries is a manufacturer of recreational vehicles. Co. has three segments: North American Towable Recreational Vehicles, which consists of: Airstream (towable), Heartland (including Bison, Cruiser RV and DRV), Jayco (including Jayco towable, Starcraft and Highland Ridge), Keystone (including CrossRoads and Dutchmen) and KZ (including Venture RV); North American Motorized Recreational Vehicle, which consists of: Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach) and Thor Motor Coach; and European Recreational Vehicles, which consists of the Erwin Hymer Group business.
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Buy (2.82 out of 4)
(ranked lower than approx. 70% of all stocks covered)
Based on Zacks ABR data;
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