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New Deal


Announced

Lippert Components offered to buy Lewmar Marine for £33m.

Financials

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Transaction Value£33m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Friendly

marine equipment

Public

United Kingdom

Recreational Vehicles and Boats

Acquisition

Single Bidder

Synopsis

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Lippert Components, the leading supplier of highly engineered products for the European leisure and caravanning industries, offered to buy Lewmar Marine, which manufactures and sells leisure marine equipment, for £33m. Commenting on the Acquisition, Jason Lippert, CEO of LCI, said: "We are pleased to make this Acquisition of Lewmar, which is very complementary to our existing businesses in the UK. We believe that there will be significant operational and strategic benefits through the combination of the very experienced and knowledgeable management team at Lewmar and our own expertise."

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