RV Company Wraps up Purchase of Business Unit

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Middlebury-based EverGreen Recreational Vehicles LLC has completed the acquisition of a portion of another northern Indiana company. EverGreen says it will retain the employees, brand names and intellectual property of the Skyline Corp. RV unit. October 8, 2014

News Release

MIDDLEBURY, Ind. - EverGreen Recreational Vehicles, LLC, announced today the purchase of Skyline Recreational Vehicles Division is complete. EverGreen Recreational Vehicles, LLC acquired all of the assets of Skyline's Recreational Vehicle Division.

"We are very optimistic about the purchase of the RV Division from Skyline," stated Chairman of the Board of EverGreen Recreational Vehicles, Kelly L. Rose. "The EverGreen management team, led by our CEO Michael H. Schoeffler, our President and COO Mark A. Boessler, and our General Manager, Don Emahiser, are extremely excited about this purchase and are in the process of assimilating Skyline employees and dealers into the EverGreen family of companies."

"Retaining the talented employees of Skyline RV, as well as solidifying and building strong new relationships with the extensive dealer body of Skyline, is job one for our team," remarked Rose.

"All brand names have been retained along with all intellectual property and this will be key to our success as we move forward to blend the two companies with our continuous improvement processes and innovation," concluded Chairman of the Board, Kelly L. Rose.

Savvy RV consumers are increasingly investing in "The EverGreen Difference" as the company continues to dramatically lead the towable RV segment in sales. Of the top 15 towable RV manufacturers, EverGreen Recreational Vehicles LLC, along with its Lifestyle Luxury RV fifth-wheel division, was the fastest growing company in the industry for both registered retail sales and total increase in market share for the year 2013. Today, with the addition of the Skyline RV brand, EverGreen is the fourth largest recreational vehicle manufacturer in North America.

Source: Evergreen Recreational Vehicles LLC