NEWS RELEASES
Editor's Note: This news item was retrieved and first published through Lippert Component's website.
ELKHART, Ind.- LCI Industries announces the completion of the previously announced acquisition of CURT Group ("CURT") for approximately $340 million. CURT, headquartered in Eau Claire, Wisconsin, is a leading manufacturer and distributor of branded towing products and truck accessories for the aftermarket. According to a press release, LCI funded Lippert Components' purchase of CURT Group through a combination of available cash, borrowings under its revolving credit facility, and an incremental term loan of $300 million under its amended credit agreement.
Find more on LCI Industries by visiting their website.