Shipshewana-based K.Z. Inc. has announced it is incorporating Topeka-based Livin Lite RV Inc. into its operating network. K.Z. is a subsidiary of Elkhart-based Thor Industries Inc. (NYSE: THO), which acquired the net assets of Livin Lite in 2013.
The network is now known as K-Z/Venture/Livin Lite and will be run by K.Z. President Aram Koltookian. The company did not specifically state whether any jobs would be affected by the move.
"The entire K-Z team is excited to work with Livin Lite’s distinctive product lines and we welcome their established dealer base into the K-Z family," said Koltookian. "We see great growth potential in the Livin Lite product lines, including Quicksilver, Camp-Lite and innovative partner-branded product lines. We are convinced that K-Z’s strong commitment to quality, training and dealer support will offer dealerships a winning combination."
Thor says the new management team will work to ensure a smooth transition for Livin Lite. Koltookian said the last year has been one of significant growth for K.Z. with increased sales and expanded infrastructure.