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Auto Manufacturers M&A image Auto Manufacturers M&A » By The Online Investor Staff, updated Sat., Apr. 20, 1:39 AM Recent mergers and acquisitions in the Auto Manufacturers M&A category.

Slide #16. Thor Industries, Inc. Krystal Infinity, LLC, dba, Krystal Enterprises

Acquirer: Thor Industries, Inc. (NYSE:THO)
Acquiree: Krystal Infinity, LLC, dba, Krystal Enterprises
Details: Thor Industries, Inc. announced that its Eldorado National Kansas subsidiary purchased the bus operation assets of Krystal Infinity, LLC, dba, Krystal Enterprises ("Krystal") for $3.9 million in cash. Eldorado plans to move the assets to its bus facility in Salina, Kansas and produce the Krystal buses there. Krystal manufactures luxury buses and its sales are estimated to be in excess of $30 million per year.

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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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:  $870.28M
Total Market Capitalization:  $5.25B
% of Market Cap. Held by ETFs:  16.56%
 

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April 20, 2024    1:39 AM Eastern
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Hold (2.40 out of 4)
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