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Old 08-30-2018, 01:52 PM   #1
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Thor bids for Hymer?

I might have a trade option down the road.Click image for larger version

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Old 08-30-2018, 02:08 PM   #2
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Yeah, I saw that in the news a few days ago.

If it works out, I’m not sure what to expect. Will Thor quality improve? Will they import Euro RV designs? Or will Thor change Hymer to be similar to their other brands? Not that all Thor brands are similar — there’s a lot of difference between an Axis and Airstream trailer.
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Old 08-30-2018, 04:23 PM   #3
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I for one would love to see some Hymer products over here (other than the little B / B+ class they sell currently). I think they would sell well.

But from what I have seen many of them seem underpowered for what we are use to (or demand) in the US market. Swap in some more HP and TQ, make them all left hand drive and we are good to go IMO.
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Old 08-30-2018, 04:40 PM   #4
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Does Hymer currently sell B+ in North America? If so, I haven't seen yet.

I know they have significant Class B market share between Hymer and Roadtrek brands.
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Old 08-30-2018, 04:51 PM   #5
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I know they sell B's but I thought they had a B+ in my latest Motorhome magazine (Advertisement).
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Old 08-30-2018, 05:53 PM   #6
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They may not even bring the product here...just expand it in it's own market.
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Old 08-30-2018, 05:55 PM   #7
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Yep, this is true.
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Old 08-30-2018, 07:23 PM   #8
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Thor could ruin them as they have the US Brands purchased. Companies that grow by acquisition seem to be good at sacrificing quality for increased sales and the resulting stock price and officer bonuses.
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Old 08-30-2018, 10:32 PM   #9
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Quote:
Originally Posted by Chance View Post
Does Hymer currently sell B+ in North America? If so, I haven't seen yet.

I know they have significant Class B market share between Hymer and Roadtrek brands.
I believe Hymer now own Roadtrek.

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Old 08-30-2018, 10:37 PM   #10
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Oops, I should have read your response closer.
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Old 09-01-2018, 02:28 PM   #11
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Just saw where Thor’s Airstream has introduced a smaller 19-foot Class B based on Mercedes Sprinter 1/2 ton van with single rear wheels. Most other previous models where 24-foot 1-ton Sprinters with DRW.

The price of this new 19-footer starts at $149k, which obviously seems marketed at luxury car owners and not true campers. Recall reading most Airstream Class B owners never sleep in them.

This may explain why Winnebago and Hymer each have a much larger Class B market share. Thor doesn’t really have a competitive van for camping. Maybe if they buy Hymer, they’ll have a greater presence in this growing segment.
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Old 09-01-2018, 06:37 PM   #12
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If TMC keeps acquiring other brands, do you think that some Judge will want to bust Them up?
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Old 09-01-2018, 07:37 PM   #13
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If TMC keeps acquiring other brands, do you think that some Judge will want to bust Them up?
Not with the current administration (besides Forest River is almost as big or at least big enough to be considered "competition" unless, of course, Thor buys Forest River LOL).
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Old 09-14-2018, 11:37 PM   #14
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Looks like Thor is leading on bid to acquire Hymer.


https://www.reuters.com/article/us-e...-idUSKCN1LU1YE
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Old 09-15-2018, 01:12 AM   #15
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Forest River

Quote:
Originally Posted by JamieGeek View Post
Not with the current administration (besides Forest River is almost as big or at least big enough to be considered "competition" unless, of course, Thor buys Forest River LOL).
I don't think Warren Buffett would ever let Forest river go!
There would be a better chance that Thor would get bought out by Forest River.
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Old 09-16-2018, 12:43 PM   #16
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There goes the German quality down the drain. Everything Thor touches turns to garbage
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Old 09-16-2018, 01:45 PM   #17
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Quote:
Originally Posted by andy View Post
There goes the German quality down the drain. Everything Thor touches turns to garbage
That we keep buying...
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Old 09-18-2018, 12:26 PM   #18
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It’s official, pending approval.


Thor Industries To Acquire Erwin Hymer Group | RV Business


Who would have expected this a year ago? Thor will now own RoadTrek and Hymer Class Bs in North America, matching or exceeding Winnebago in size in the one area they trailed. This should make Thor the largest in Class A, B, and C in North America.
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Old 09-18-2018, 12:51 PM   #19
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Good for them!
Which of the other manufacturers is next?
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Old 09-19-2018, 12:09 PM   #20
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Some additional information on acquisition is interesting. Surprising to me that Thor has much greater towable business than they do in motorhomes, while EHG relies more on motorized.


Acquisition of Jayco Aids Thor in Hymer Buyout | RV Business


Quote:
Originally Posted by from article
Thor said the combined company would enhance its end market product mix. While 71% of Thor’s business currently comes from towables and 27% from motorized units, EHG’s business is 77% motorized and 13% towables. The combined company’s product mix would by 57% towables and 40% Motorized.
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