Erwin Hymer Group: Hymer family sets course for the future
The Hymer family is currently examining various strategic approaches to further support the company’s growth and to establish the best possible position for the group in a dynamic global market. Possible options include an initial public offering (IPO) or the involvement of a strategic partner. It is planned to sell off a significant minority investment.
Martin Brandt, CEO of the Erwin Hymer Group: ‘Over the past two years, we have invested more than €300 million in the future of the Erwin Hymer Group. The coming years will require further significant investment in the growth of our business and the development of innovative products and services. The family has therefore decided to put the shareholder structure of the Erwin Hymer Group on a broader basis.’
Johannes Stegmaier, Chairman of the Supervisory Board and family spokesman: ‘The Hymer family has made this decision after careful consideration and at the right time. This step is intended to further strengthen the development of the company and to create the best conditions for a successful future.’
Macquarie Capital has been commissioned to assist the Hymer family in evaluating and implementing the alternatives.
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About the Erwin Hymer Group
The Erwin Hymer Group unites motorhome and caravan manufacturers, motorhome and caravan accessory specialists as well as hire and financing services under one roof. In financial year 2017/18, the Group achieved a turnover of 2.5 billion euros with more than 7,300 employees world-wide and around 62,000 recreational vehicles. The motorhome and caravan brands American Fastbacks, Buccaneer, Bürstner, Carado, Cliffride, Compass, Dethleffs, Elddis, Eriba, Etrusco, Hymer, Niesmann+Bischoff, Laika, LMC, Roadtrek, Sunlight and Xplore, the motorhome hire companies Best Time RV, McRent and rent easy, the chassis specialist Goldschmitt, the accessories specialist Movera, the trailer tent manufacturer 3DOG camping and the touring portal freeontour all belong to the Erwin Hymer Group. www.erwinhymergroup.com