Drew Industries, Inc. of Elkhart, Indiana has acquired Flair Interiors, Inc., a manufacturer of recreational vehicle (RV) interiors with operations in Goshen and Fort Wayne, IN, through its wholly-owned subsidiary, Lippert Components, Inc. (LCI®) for $8.1 million, according to streetinsider. Sales of Flair for 2015 wee approximately $25 million.
Drew’s President, Scott Mereness, said, “We have well-established furniture operations in both Goshen and Fort Wayne, allowing integration to become significantly easier. As the market leader in RV furniture, this transaction supports one of our goals of continued growth in our core markets.”
As MHProNews knows, Drew is a component supplier to the manufactured home (MH) and recreational vehicle industries from its 44 manufacturing and distribution facilities throughout the U. S. and Canada. ##
(Image credit: Drew Industries, Inc.)
Article submitted by Matthew J. Silver to Daily business News-MHProNews.