Why did Newmar sell to Winnebago?

“The acquisition of Newmar aligns with our strategy to strengthen and reenergize our motorized business by enhancing our position and capabilities in the motorhome market and building on the progress we have made driving growth and innovation across our offerings,” Winnebago CEO Michael Happe said in a news release.

Is Newmar a good RV brand?

Newmar is one of the top motor home manufacturers and has certainly stood up to it’s good reputation. We have not had any problems at all with this unit. We previously owned 2 other brand motor homes and had nothing but problems with both.

Is Newmar owned by Winnebago?

Winnebago Industries to buy Nappaneee’s Newmar Corporation for $344 million. NAPPANNEE — Newmar Corporation, a manufacturer of class A and class C motorhomes based in Nappanee, is set to be acquired by Winnebago Industries in a deal worth about $344 million.

When did Newmar sell out to Winnebago?

November 08, 2019
November 08, 2019 09:20 ET | Source: Winnebago Industries, Inc.

How long has Newmar RV been in business?

At Newmar, 50 years of building high-quality recreational vehicles has taught us a lot, including the fact that people will always build the best product. That’s why we take the time to handcraft each of our coaches one by one, just like we’ve done since 1968.

Where are Newmar coaches manufactured?

Newmar RVs are manufactured in Nappanee, Indiana.

Who owns Newmar now?

Winnebago Industries
Newmar Corporation/Parent organizations
You might be surprised to know that Winnebago Industries actually owns Newmar. Winnebago officially acquired Newmar in November of 2019. According to GlobeNewswire, the company said that the deal was worth $270 million in cash and two million shares of Winnebago Industries common stocks.

Where is Newmar built?

Newmar RVs are manufactured in Nappanee, Indiana. These facilities host tours to demonstrate how they create their gas, diesel, and luxury motor coaches.

Who builds Newmar RV?

Are Newmar Class A motorhomes any good?

Class A motorhomes are simply not built to the same level of quality as a Toyota or a Ford. There are really only a small group of builders and Newmar would certainly be amongst the better companies. The industry seems to get along without addressing some of these quality issues.

Is Newmar a good brand?

For over 50 years, Newmar has built a solid reputation based on quality, innovation, and service. And in September 2019, Winnebago Industries acquired Newmar, adding Winnebago’s reputability to the brand. Newmar earns a five-star rating on the Better Business Bureau (BBB) website.

Are Newmar coaches any good?

Despite some real horror stories out there. For the most part, Newmar owners like their coaches and put up with the quality issues, tackling them as just a normal part of the ownership experience. As long as you have that expectation going in, a Newmar coach is likely better than most in the market.

What was the first thing you disliked about your Newmar RV?

The first thing Izzy and MJ disliked about their Newmar RV were the headlights. They drove their Newmar from the dealership at night and claim the headlights were so bad they could barely see anything. MJ explains they replaced the factory headlights with $75 aftermarket LEDs.