Pathway for sale of Roadtrek opens, could be sold in April

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CAMBRIDGE, Ontario — Bankrupt RV manufacturer Erwin Hymer Group North America could have a new owner as early as next month, the Record reported.

Receiver Alvarez and Marsal says bids — in the form of binding letters of intent — must be submitted no later than 5 p.m. April 3, and those bids will be evaluated by 5 p.m. April 8, after which one or more may be accepted.

A list of 60 parties that may be interested in acquiring some or all of the company’s assets were contacted as part of the receivership process, “with a view to restarting some or all of the company’s former operations,” the Record indicated.

As of March 15, a total of 18 parties had entered confidentiality agreements with the receiver to help prepare a possible bid.

The full story can be found at www.therecord.com.

RV Daily Report has received a copy of the receiver’s report late this afternoon and will have an updated story in Tuesday’s newsletter.

Greg Gerber

Greg Gerber

A journalist who has covered the recreation vehicle industry since January 2000, Greg Gerber founded RV Daily Report on April Fool's Day in 2009. He also serves as the editor of the publication and website. As an Eagle Scout, he has enjoyed camping for decades and has visited every state except Hawaii. A DODO -- Dad of Daughters Only -- to three young women, he has two grandchildren as well. He currently splits his time between Wisconsin, Texas and Arizona. Greg can be reached at editor@rvdailyreport.com.

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  • Dantv says:

    Roadtrek.com is back up.

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