RV maker Winnebago gets into boating with Chris-Craft buy

DES MOINES, Iowa (AP) — Recreational vehicle manufacturer Winnebago Industries says it is buying boat maker Chris-Craft to expand beyond motor homes and travel trailers and create a diversified outdoor lifestyle products company. Winnebago, based in Forest City, Iowa, hasn’t disclosed details of the transaction but said Monday it would finance the deal with cash and debt. Chris-Craft is a recreational boating brand dating back to 1874. It’s been owned by London-based investment firm Stellican Ltd. since 2001.

Source: RV maker Winnebago gets into boating with Chris-Craft buy


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