Winnebago Aquires Newmar RV September 16, 2019, 10:18:22 pm Winnebago Industries to Acquire Premium RV Manufacturer Newmar NYSE:WGOMighty interesting to say the least.Edit: Lively discussion at Winnebago acquires Newmar - iRV2 Forums . There's 214 comments and counting. There's also a similar discussion about these events on Newmar's Facebook page, but I haven't chased that down.
Re: Winnebago Aquires Newmar RV Reply #1 – September 16, 2019, 10:44:34 pm Quote from: Ed & Margee - September 16, 2019, 10:18:22 pmWinnebago Industries to Acquire Premium RV Manufacturer Newmar NYSE:WGOMighty interesting to say the least.From the link: "Following the close of the transaction, Newmar will operate as a distinct business unit within Winnebago Industries with its headquarters and manufacturing facilities remaining in Nappanee, IN. Matthew Miller will continue to lead the Newmar business post-closing as its President."Wanna bet? Isn't that what they always say after an acquisition? 🙁Chris 3 Likes
Re: Winnebago Aquires Newmar RV Reply #2 – September 16, 2019, 10:46:23 pm Ed, Interesting indeed. Chris, not long after privately owned Escape Trailer Industries brought in a Strategic Partner, saying the owner was staying on as production and quality manager, he sold the rest of the company and resigned. Time will tell but I suspect the quality of their product will start declining. Same thing in this case, I’m betting.