Thor Announces Closing of Erwin Hymer Group Acquisition

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Feb 01, 2019
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- Combination creates the global leader in the recreational vehicle market

- Acquisition consistent with Thor's long-term strategic growth plan

- Carve out of Erwin Hymer Group's North American operations from the transaction resulted in a purchase price reduction of €170 million, and a €180 million reduction in the obligations the Company would have otherwise assumed under the terms of the original stock purchase agreement

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