M&A Deal Summary

Lippert Components Acquires Veada Industries

On December 23, 2020, Lippert Components acquired manufacturer Veada Industries

Acquisition Highlights
  • This is Lippert Components’ 7th transaction in the Manufacturing sector.
  • This is Lippert Components’ 21st transaction in the United States.
  • This is Lippert Components’ 11th transaction in Indiana.

M&A Deal Summary

Date 2020-12-23
Target Veada Industries
Sector Manufacturing
Buyer(s) Lippert Components
Deal Type Add-on Acquisition

Target

Veada Industries

New Paris, Indiana, United States
Veada Industries, Inc. is a manufacturer and distributor of boat seating and marine accessories. Veada Industries, Inc. specializes in delivering quality and affordable marine seating.

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Buyer(S) 1

Buyer

Lippert Components

Elkhart, Indiana, United States

Category Company
Founded 1956
Sector Building Materials
DESCRIPTION
Lippert Components' corporate headquarters in Elkhart, Indiana.
Lippert Components' corporate headquarters in Elkhart, Indiana.

Lippert Components, Inc. is a tier-1 supplier serving the Manufactured Housing (MH), Recreational Vehicle (RV) and Cargo/Horse Trailer industries. LCI is an industry leader in a multitude of products including chassis, fabricated steel parts, entry doors, axles, leveling and stabilization equipment, suspension enhancement products, and accessories that enhance the RV lifestyle. Lippert Components, Inc. is based in Elkhart, Indiana.


DEAL STATS #
Overall 27 of 35
Sector: Manufacturing M&A 7 of 8
Type: Add-on Acquisition M&A Deals 20 of 26
State: Indiana M&A 11 of 15
Country: United States M&A 21 of 28
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-20 Challenger Door

Nappanee, Indiana, United States

Challenger Door LLC is a manufacturer and distributor of branded doors for the RV industry and products for specialty and cargo trailers. Challenger Door LLC was founded in 2008 and is based in Nappanee, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-19 Ranch Hand

Shiner, Texas, United States

Ranch Hand, a South Texas-based manufacturer of custom bumpers, grill guards, and steps for the automotive aftermarket. The company designs and engineers custom equipment specifically matched to the owners’ vehicles. Ranch Hand’s full line of custom-fit bumpers and accessories accommodate OEM sensors without compromising the truck’s safety features, making it as functional at work as it is on the road.

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