Winnebago $500 million acquisition of Grand Design Recreational Vehicle

Overview:

• Motorhome producer Winnebago has acquired towable recreational vehicle manufacturer Grand Design Recreational Vehicle in a $500 million deal.
• The price tag consists of cash and newly issued Winnebago equity.
• The move has brought a sizable initial rise in Winnebago stock prices.
• Lindquist & Vennum (Jon Levy, Mike Kuhn) advised Winnebago.
• Weil Gotshal & Manges (Kevin Sullivan, Gabriel Gregson) advised Grand Design.

Kurt Stumpo - Journalist - North America and the Caribbean