Winnebago Industries completed the acquisition of Lithionics Battery.

Winnebago Industries, an outdoor lifestyle product manufacturer, completed the acquisition of Lithionics Battery, a lithium-ion battery solutions provider to recreational equipment and specialty vehicle markets. Financial terms were not disclosed. “The addition of Lithionics accelerates our innovation in diverse battery solutions and advances our overall electrical ecosystem, creating more opportunities for our RV and marine products to capitalize on consumer preferences for fully immersive, off-the-grid outdoor experiences, while enhancing our enterprise margin profile. Following years of close partnership, we are pleased to welcome the talented Lithionics team to the Winnebago Industries family," Michael Happe, Winnebago Industries President and CEO.