Thor Industries (THO) Reports Q4 EPS of $1.67, Revenues Beat

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Thor Industries (THO) Confirms Agreement to Buy Erwin Hymer Group for EUR2.1B

September 18, 2018 7:48 AM EDT

Thor Industries, Inc. (Thor, NYSE: THO) and the shareholders of Erwin Hymer Group SE (Erwin Hymer Group or EHG) today announced that they have entered into a definitive agreement for Thor to acquire Erwin Hymer Group, a privately held international company, for an enterprise value of approximately 2.1 billion, with the purchase price to be funded with cash and equity. Equity consideration will consist of approximately 2.3 million shares of Thor. The Hymer family will thereby remain engaged in the industry. The combination creates the worlds largest RV manufacturer, with the leading position in both North America... More