Date: Tue, 30 Nov 2010 08:36:08 -0800
Reply-To: Loren Busch <starwagen@GMAIL.COM>
Sender: Vanagon Mailing List <vanagon@gerry.vanagon.com>
From: Loren Busch <starwagen@GMAIL.COM>
Subject: Fwd: [Westfalia] German Motorhome OEM/Westfalia Rescued
In-Reply-To: <491809540.24.1291112684770.JavaMail.root@zimbra.well.com>
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---------- Forwarded message ----------
From: Joe Ehrlich <static@well.com>
Date: Tue, Nov 30, 2010 at 2:24 AM
Subject: [Westfalia] German Motorhome OEM/Westfalia Rescued
To: westfalia <westfalia@yahoogroups.com>
The German-built Westfalia motorhomes manufacturer, CVC Camping Van
Conversion GmbH, has been saved, according to a news release.
Insolvency administrator Rainer Eckert has sold the business operations of
the company to the French Rapido Group. Rapido, one of the leading
enterprises in the development, production, and sale of recreational
vehicles in Europe. The French firm has agreed to take on all of the over
100 employees and preserve the Rheda-Wiedenbrück, Germany, site. The parties
have agreed not to disclose the purchase price. The creditors have already
approved the transfer.
“With Rapido we have found an investor that offers a viable strategy for the
future of the Westfalia brand,” explained Eckert, after the contract of sale
was signed. “Rapido, furthermore, has the necessary industry and market
know-how at its disposal and is ready and in a position to make the
necessary investments.”
“As an innovation leader in van conversion, Westfalia is the perfect
addition to our product portfolio in the Rapido Group,” emphasised Rapido
CEO Pierre Rousseau. Rousseau went on to explain that Westfalia is not only
a brand with prestige but also a synonym for innovation and quality. “We are
very confident we can soon lead the company back to its former strength
again,” he said and added that the Rapido Group has an in-depth knowledge of
the dealer networks in Europe, which represents a significant development
potential for Westfalia. With the purchase, the Rapido Group is pressing
ahead with its activities to expand its international presence.
CVC Camping Van Conversion GmbH had filed for insolvency in January after a
severe slump in sales. Despite the difficult market environment, Eckert
managed to stabilise the business operations quickly and restructure the
company. He also succeeded in retaining the interest of the important OEM
partners Mercedes, Opel, Ford, and Fiat – besides its own models, Westfalia
also produces motorhomes for automobile manufacturers, such as the Marco
Polo for Mercedes, the Transit Nugget for Ford, and the Opel Vivaro Life.
This gave Eckert time to search calmly for a suitable investor. During the
insolvency proceedings, Eckert even spurred on the development of new
products. Thus, only recently, at the end of August at Caravan Salon
Düsseldorf, Westfalia presented the new “Columbus” motorhome with its
innovative interior concept, which caused a sensation amongst customers and
the trade press alike.
http://www.rvbusiness.com/2010/11/german-motorhome-oemwestfalia-saved/
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