Fleetwood Agrees to Sell Assets of RV Solutions Division
MT Newswires Live
Jul 16
Fleetwood (ASX:FWD) agreed to sell the assets of its RV Solutions division, comprising the Camec business, to Aussie Traveller for a headline purchase price of AU$9.5 million, according to a Thursday filing with the Australian bourse.
The company expects generating about AU$7.8 million in net cash in fiscal 2027, with an additional AU$3.3 million expected in subsequent years upon finalizing tax returns, the filing said.
Completion of the transaction is anticipated in September, per the filing.
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