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Winnebago Industries Completes Acquisition Of Barletta Pontoon Boats

PUBLIC · WGOAug 31, 2021

Acquiring Company

Winnebago Industries

Acquired Company

Barletta Pontoon Boats

Eden PrairieManufacturingCommerce and ShoppingTravel and TourismCommerce And ShoppingCommunity And LifestyleClothing And ApparelDesignTravel And TourismTravelFinancial ServicesCommerce And Shopping

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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Company Information

Company

Winnebago Industries

Location

Eden Prairie, Minnesota, United States

About

Winnebago Industries, Inc. is a Minnesota-based manufacturer primarily engaged in the production of recreational vehicles, including motorhomes, travel trailers, and fifth wheel units. The company's key products include a diverse range of outdoor lifestyle vehicles designed for camping and travel enthusiasts. Winnebago serves markets across North America, focusing on the growing demand for leisure travel and outdoor recreation. With a robust dealer network, Winnebago emphasizes innovation and quality in its offerings. Recent strategic developments include a commitment to sustainability in manufacturing practices and expansion of product lines to cater to evolving consumer preferences.

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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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