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21 Δεκ 2020 · In a move that may be greeted by some with disappointment, RV giant Thor Industries has bought out Tiffin Motorhomes. The selling price, $300 million, was coughed up by Thor through cash and a company draw-down of existing asset-based credit. The official sign-off took place Friday, December 18.
21 Δεκ 2020 · RED BAY, Ala. (AP) — Indiana-based Thor Industries Inc. said Monday it had bought family-owned Tiffin Motorhomes, the Alabama-based manufacturer of high-end recreational vehicles, in a deal worth $300 million.
21 Δεκ 2020 · Tiffin Group, LLC, a wholly owned subsidiary of THOR, will own the Tiffin Group, which will continue to be managed by the Tiffin family and existing senior management team.
28 Ιαν 2023 · Is it the demise of Tiffin Motorhomes? Vanleigh RV manufacturing shutting down. Who is to blame? Tiffin, Thor or the economy?
21 Δεκ 2020 · Thor Industries Inc. announced the acquisition of Tiffin Motor Homes, Inc. and related companies for $300 million, funded with a combination of available cash and a draw on the company’s existing asset-based credit facility.
21 Δεκ 2020 · Will Tiffin Motorhomes shine even brighter under THOR? Time will tell. The jury is still out on how Winnebago’s acquisition of Newmar has affected that brand, so expect the same with this one.
10 Ιαν 2023 · Tiffin Motorhomes’ eight-year towable manufacturing project will come to an end in March, the RV manufacturer announced. Tiffin will restructure to focus on the products consumers and dealers are requesting, the company said. They will discontinue Vanleigh RV operations.
