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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 (RVs) in the U.S. and Europe, and sells those vehicles, as well as related parts and accessories, primarily to independent, non-franchise dealers throughout the U.S., Canada and Europe. Co.'s business activities are primarily comprised of three main operations, which include the design, manufacture and sale of North American towable RVs, North American motorized RVs and European RVs, with the European vehicles including both towable and motorized products as well as other RV- related products and services. Co. has three reportable segments, all related to RVs: North American towables, North American motorized and European.
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Buy (2.67 out of 4)