Thor Industries, a US-based recreational vehicle maker, completed the acquisition Erwin Hymer Group, a manufacturer of recreational vehicles, for an enterprise value of $2.3bn. "The closing of the sale of EHG to Thor marks the beginning of the next phase in the growth of our business. We are excited to begin working together, learning from each other, enhancing our operations and ultimately providing a satisfying experience for our customers and their families. As we begin to leverage the combined talent of our companies and share best practices across the globe, we are more optimistic than ever about the future and the results that will be achieved by the combined company," Martin Brandt, Erwin Hymer Group CEO.