Manufacturing M&A » By The Online Investor Staff, updated Thu., Apr. 18, 9:11 PM
Recent mergers and acquisitions in the Manufacturing M&A category.
| This Slide: #10 of 100 |
Slide #10. Thor Industries, Inc. — K-Z, Inc.
Acquirer:
Thor Industries, Inc. (NYSE:THO)
Acquiree:
K-Z, Inc.
Details:
Thor Industries, Inc. (NYSE:THO) today announced that it has entered into an agreement to acquire the outstanding capital stock of recreational vehicle (RV) manufacturer K-Z, Inc. (K-Z) in a transaction closing effective May 1, 2014. The purchase price, which will be paid in cash, is approximately $53.4 million, subject to adjustment.
Thor Industries manufactures a variety of recreational vehicles 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 recreational vehicles, North American motorized recreational vehicles and European recreational vehicles. Co. has three reportable segments: North American Towable Recreational Vehicles, North American Motorized Recreational Vehicles and European Recreational Vehicles.
THO SEC Filing Email Alerts Service
Open the THO Page at The Online Investor »
|
||||||||||||||||||||||||
Open the THO Page at The Online Investor (in a new window) »
 Free THO Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
 
|
Hold (2.40 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: THO Stock Forecast Based on Zacks ABR data; powered by Xignite |
