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Auto Manufacturers M&A image Auto Manufacturers M&A » By The Online Investor Staff, updated Fri., Apr. 26, 1:22 AM Recent mergers and acquisitions in the Auto Manufacturers M&A category.

This Slide: #13 of 16

Slide #13. Thor Industries, Inc. — Federal Coach

Acquirer: Thor Industries, Inc. (NYSE:THO)
Acquiree: Federal Coach
Details: Thor Industries, Inc. announced that its Champion Bus, Inc. (Champion) subsidiary has purchased the bus operation assets of Federal Coach for $6.8 million in cash. Champion plans to move the assets and begin production of Federal Coach buses at its Imlay City, Mich. production facility in early calendar 2013. Federal Coach is a premier luxury bus manufacturer, producing a full line of shuttle, executive and limousine buses ranging in capacity from 12 to 44 passengers with annual sales of approximately $25 million.

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.

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THO — Key Stats (updated 14 hours, 44 minutes ago)
Company Name:  Thor Industries, Inc.
Stock buyback:  THO buyback
Website:  www.thorindustries.com
Sector:  Auto Manufacturers
Number of ETFs Holding THO:  66
Total Market Value Held by ETFs:  $910.63M
Total Market Capitalization:  $5.51B
% of Market Cap. Held by ETFs:  16.52%
 

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April 26, 2024  •  1:22 AM Eastern
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