Winnebago Industries, a manufacturer of outdoor lifestyle products, has acquired Lithionics Battery – a lithium-ion battery supplier.
With Lithionics, Winnebago is looking to enhance its technological and engineering capabilities while providing consumers with a greater variety of electrical solutions. The acquisition will likewise provide Winnebago with strategic sourcing benefits and secure a critical area of its supply chain. News of the acquisition follows Winnebago revealing the eRV2, an all-electric RV concept it is testing with consumers before revealing its final design.
Lithionics itself provides advanced battery solutions that support internal electric features and appliances for a variety of outdoor products – from industrial applications to RV, boats, specialty, and other low-speed vehicles. For consumers, the supplier’s batteries work to enhance a number of areas in the user experience, extending time off-the-grid and improving reliability, while reducing noise and emissions. In delivering these benefits, the batteries leverage voltage stability, a long life expectancy, lighter construction and high energy densities to support safe, efficient, and cost-effective electrification solutions.
Once the transaction closes, which Winnebago expects to occur within its third fiscal quarter Lithionics’ CEO and management team will continue to lead the business from its Clearwater, Florida headquarters as a wholly owned subsidiary of Winnebago Industries.
