Berkshire Hathaway acquired Forest River, Inc., a transaction announced in July 2005, structured as Acquisition of the company from its founder; subject to Hart-Scott-Rodino clearance (expected to close in Q3 2005)..
Forest River, Inc. operates in Manufacturing (recreational / leisure vehicles), is based in United States and Canada (headquartered in Elkhart, Indiana). Berkshire Hathaway agreed to acquire Forest River from its founder and CEO Peter J. Liegl. Forest River is a leading U.S. manufacturer of leisure vehicles, producing a complete line of motorized and towable recreational vehicles, utility trailers, buses, boats and manufactured houses. The company continued under Liegl and its existing management, headquartered in Elkhart, Indiana.
Strong growth prospects; Berkshire's financial backing gives Forest River firepower for investments and acquisitions.
Advisory firms were not disclosed for this transaction.