• This strategic acquisition allows EHG to enter the North American market as the first Europe-an manufacturer of RVs.
• Erwin Hymer Group will rely on the existing Roadtrek Motorhomes Inc. management team in order to introduce further EHG brands – first and foremost HymerCar – into the North Ameri-can market.
• The agreement includes comprehensive commitments on the safeguarding of work places.
• The production facility in Kitchener, ON (Canada) is to be extended further to allow for the lo-cal production of vehicles from different brands of EHG.
• The transaction is to be completed on 24 February 2016 (closing date).
• Thus, Roadtrek Motorhomes, Inc. will become Erwin Hymer Group North America, Inc.
Bad Waldsee (Germany), Kitchener, ON (Canada), 23 February 2016 – Erwin Hymer Group, Europe’s largest motorhome and caravan manufacturer and Industrial Oppor-tunity Partners, LLC (IOP), a capital investment fund from Illinois (USA), have agreed to the acquisition of all shares in Roadtrek Motorhomes, Inc. including its U.S. sub-sidiary Roadtrek Motorhomes USA, Inc. by Erwin Hymer Group.
After the closing date the company name will change to Erwin Hymer Group North America, Inc. Jim Hammill, formerly the CEO of Roadtrek Motorhomes, Inc. will become the president and CEO of this newly formed company.
Roadtrek – for 25 years the no. 1 in the Class B segment
Roadtrek Motorhomes, Inc. is a Canadian manufacturer of Class B motorhomes (compact leisure vehicles) with headquarters in Kitchener, Ontario (Canada). Founded in the 1970s, the company em-ploys a staff of 300 and operates mainly in the U.S. and Canada. It runs two production facilities in Kitchener (Ontario). In the course of the firm’s history, its dedicated team of engineers has repeatedly developed innovative technology such as the use of solar energy, lithium batteries as well as heating and air conditioning controls via smart phone or tablet. Roadtrek maintains a market share of 30% in the North American market for class B motorhomes which makes it the market leader in this segment.
Roadtrek Motorhomes, Inc.’s management team possesses excellent knowledge of the U.S. and Canadian markets which makes it the ideal partner for EHG to successfully position its products on the North American market.
