Toronto, Canada-based Infinity Asset Solutions announced that a four-day auction of the Erwin Hymer Group North America (EHGA) assets will run July 16-19 at the company’s Kitchener, Cambridge and Guelph, Ontario, Canada manufacturing plants.
According to a release, over $10 million of machinery, recreational vehicle parts and finished trailers will be put up for auction. Other inventory includes steel fabrication, thermoforming equipment, air compressors, new RV Euro trailers, vehicles, warehousing, shop tools, parts and accessories, electrical and electronics, paint shops and over 75,000-square feet of executive boardrooms and office equipment.
In 2016, the Europe-based Erwin Hymer Group purchased Roadtrek Motorhomes Inc., seeing the acquisition as an opportunity to break into the North American Recreational Vehicle market. By capitalizing on Roadtrek’s significant share of the Class B Motorhome segment, this purchase opened the door to the introduction of European styles and the expansion of the RV Trailer market in Canada and the United States.
EHGNA became the sole manufacturer of both Hymer and Roadtrek branded RV’s and trailers, expanding to four locations across southern Ontario. On Feb. 15, by order of the Ontario Superior Court of Justice, EHGNA was placed into receivership.
As previously announced, French-based Rapido Group, owner of the Westfalia brand, has received court approval to acquire substantially all of the assets related to the Roadtrek brand, an operating division of EHGNA. Rapido is in the process of assuming the lease of one of EHGNA’s existing facilities and is hiring a workforce that could grow to more than 200 employees.
As a result, three of the four Ontario, Canada EHGNA plants will close upon completion of the auction sale.