Acquiring Company
Winnebago Industries
Acquired Company
Barletta Pontoon Boats
Description
Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today announced that it has completed its previously announced acquisition of Barletta Pontoon Boats (“Barletta”), the industry’s fastest-growing, premium pontoon boat manufacturer. Consideration paid included $255 million in cash and Winnebago Industries shares. Winnebago Industries will pay an additional $15 million in Winnebago Industries shares, contingent upon Barletta’s achievement of performance milestones at the end of calendar 2021. As previously announced, certain growth objectives, if achieved through calendar years 2022 and 2023, provide the opportunity for up to $50 million in additional cash consideration.
Quick answer
Winnebago Industries is acquiring Barletta Pontoon Boats, announced August 31, 2021. Winnebago Industries is based in Eden Prairie, Minnesota, United States.
- How much did Winnebago Industries pay for Barletta Pontoon Boats?
- The deal value was not disclosed.
- What does Winnebago Industries do?
- Winnebago Industries, Inc. is a Minnesota-based manufacturer primarily engaged in the production of recreational vehicles, including motorhomes, travel trailers, and fifth wheel units.
- Where are Winnebago Industries and Barletta Pontoon Boats based?
- Winnebago Industries is based in Eden Prairie, Minnesota, United States.
Source: Fundz verified event record.
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Who to call at Winnebago Industries, and when
When Winnebago Industries changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Barletta Pontoon Boats?
Barletta Pontoon Boats was acquired by Winnebago Industries, based in Eden Prairie. The deal was reported on August 31, 2021. Winnebago Industries, Inc. is a Minnesota-based manufacturer primarily engaged in the production of recreational vehicles, including motorhomes, travel trailers, and fifth wheel units. Winnebago Industries is publicly traded (WGO) and operates in Manufacturing.
When did Winnebago Industries acquire Barletta Pontoon Boats?
Winnebago Industries's acquisition of Barletta Pontoon Boats was reported on August 31, 2021. Winnebago Industries, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Barletta Pontoon Boats do?
It is privately held, operating in Financial Services.
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