> SUBSCRIBE FOR FREE! 

Dura Automotive Systems, Inc., parent of RV industry supplier firms Atwood Mobile Products and Excel Industries, has purchased German steering parts supplier Reiche GmbH & Co, KG (Reiche Automotive) for $20 million.

The purchase price includes stock and Dura’s assumption of $4 million worth of Reiche debt.

Reiche has annual sales of around $60 million.