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FLEETWOOD LIMITED — M&A Activity 2014
Aug 11, 2014
64953_rns_2014-08-11_a32fb4f8-a4fd-4112-b7ef-1c8e644d7b60.pdf
M&A Activity
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12 August 2014
Market Announcements Office Australian Securities Exchange Level 40, Central Park 152-158 St. George’s Terrace PERTH, WA 6000
Acquisition of Bocar
Fleetwood is pleased to announce the acquisition of Bocar.
Bocar was established over 25 years ago and is today a leading New South Wales based aluminium tray and accessory manufacturer for the automotive sector. The acquisition provides Fleetwood subsidiary Flexiglass with increased scale in New South Wales, and the opportunity to distribute Bocar products through its Australia wide network.
The acquisition price of $4.75m will be funded from existing facilities with Westpac. The acquisition is effective 12 August 2014.
For further information, please contact
Brad Denison Managing Director 08 9323 3300
About Fleetwood
Fleetwood provides modular accommodation solutions, recreational vehicles including parts and accessories to the retirement, recreation and resource sectors . Our objective is to outperform financially by providing genuine value.
Our beliefs and commitment are built around “Delivering the Promise”. For more, please visit www.fleetwoodcorporation.com.au
Established in 1964, Fleetwood celebrates in 2014 its 50[th] anniversary.