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Manufacturing M&A image Manufacturing M&A » By The Online Investor Staff, updated Sat., Apr. 17, 1:08 PM Recent mergers and acquisitions in the Manufacturing M&A category.

Slide #31. Drew Industries Incorporated Innovative Design Solutions, Inc.

Acquirer: Drew Industries Incorporated (DW)
Acquiree: Innovative Design Solutions, Inc.
Details: 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., has acquired Innovative Design Solutions, Inc. (IDS), a Troy, Michigan-based designer, developer and manufacturer of electronic systems encompassing a wide variety of RV applications. IDS also manufactures electronic systems for automotive, medical and industrial applications.

LCI Industries, through its subsidiary, Lippert Components, Inc., supplies components for the manufacturers of recreational vehicles (RVs) and manufactured homes and for the related aftermarkets of those industries. Co. has two segments: the recreational vehicle products segment, which manufactures or distributes products including: steel chassis for towable RVs, axles and suspension solutions for towable RVs, and slide-out mechanisms and solutions, among others; and the manufactured housing products segment, which manufactures or distributes products including: vinyl and aluminum windows, thermoformed bath and kitchen products, and steel and fiberglass entry doors, among others.

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Company Name: 
LCI Industries
Website: 
www.drewindustries.com
Sector: 
Auto Parts
 

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Hold (2.00 out of 4)
38th percentile
(ranked lower than approx. 62% of all stocks covered)
Based on Zacks ABR data;
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