Lippert Components, a wholly-owned subsidiary of Drew Industries Inc. (DW: Quote), acquired the business and certain assets of the towable RV chassis and slide-out mechanism operation from EA Technologies LLC for $13.5 million in cash.
The acquired business was previously owned by Dexter Chassis Group, and has annual sales of more than $40 million.
Drew industries expects the acquired business to be immediately accretive to its earnings.
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by RTT Staff Writer
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