Add-on Acquisition • Electronics

Thetford Acquires Norcold

On January 1, 1997, Thetford acquired electronics company Norcold

Acquisition Context

This is Thetford’s 1st transaction in the Electronics sector.
This is Thetford’s 1st transaction in the United States.
This is Thetford’s 1st transaction in Michigan.

Investment Fate

Norcold went bankrupt in 2025.

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M&A Deal Summary
Date	January 1, 1997
Target	Norcold
Sector	Electronics
Buyer(s)	Thetford
Deal Type	Add-on Acquisition

Target Company

Norcold

Ann Arbor, Michigan, United States

Norcold is a manufacturer of gas/electric absorption refrigerators for the RV, marine, and mobile market. Norcold was founded in 1959 and is based in Ann Arbor, Michigan.

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Buyer Overview 1

Buyer

Thetford

Ann Arbor, Michigan, United States

Category	Company
Founded	1963
Sector	Consumer Products
Revenue	520M USD (2021)

DESCRIPTION

Thetford is a manufacturer of mobile sanitation products for the RV, marine, camping and truck markets. Thetford was founded in 1963 and is based in Ann Arbor, Michigan.

Deal Context for Buyer	#
Overall	1 of 3
Sector: Electronics	1 of 1
Type: Add-on Acquisition	1 of 3
State: Michigan	1 of 1
Country: United States	1 of 3
Year: 1997	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2007-08-20	RV Sani-Con Lexington, Kentucky, United States RV Sani-Con supplies a broad range of recreational vehicle manufacturers, including American Coach, Beaver Coaches, Blue Bird, Country Coach, Fleetwood, Holiday Rambler, Monaco, Phoenix Cruiser and Safari.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2007-08-20

RV Sani-Con

Lexington, Kentucky, United States

RV Sani-Con supplies a broad range of recreational vehicle manufacturers, including American Coach, Beaver Coaches, Blue Bird, Country Coach, Fleetwood, Holiday Rambler, Monaco, Phoenix Cruiser and Safari.

Buy

Explore Related M&A Activity

Electronics M&A - Add-on Acquisition M&A Deals - Michigan M&A - United States M&A - 1997 M&A