Announced
Completed
Synopsis
LCI Industries backed-Lippert Components, a supplier of engineered components to the recreation and transportation markets, completed the acquisition of Bigfoot Hydraulic Systems, a provider of hydraulic leveling and landing gear solutions for RV, utility, and equine trailers, from Leveltron, a Michigan-based hydraulic systems manufacturer. Financial terms were not disclosed. "I am happy to welcome the Bigfoot team to the Lippert family. We’re excited to add Bigfoot's unique and innovative solutions to our wide offering of leveling and stabilization products. Bigfoot's systems offer solutions in the RV and Utility Trailer markets that Lippert has not historically filled, so we're excited to use our reach in the industry to expand upon Bigfoot's current customer base," Ryan Smith, LCI Industries Group President.
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