German motorhome maker Hymer GmbH has attracted bids from Thor Industries Inc. and private equity firm Centerbridge Partners that could value the company at about $2.3 billion, people familiar with the matter said.

Bloomberg reported that Hymer’s family owners have received offers from four suitors and could make a decision about a sale in the next couple of weeks, sources said, asking not to be identified because the talks are private. No final decisions have been made, and if negotiations fail, Hymer may float a stake in Frankfurt early next year, they said.

In an initial public offering, the company could be valued at 2.5 billion euros to 3 billion euros, or about 10 times its expected earnings before interest, taxes, amortization and depreciation for 2019, some of the people said. Hymer was previously listed in Frankfurt from 1990 to 2014.

A Hymer spokeswoman said its owners are running a dual-track process and considering all options, without commenting further. Representatives for Thor and Centerbridge declined to comment.

For the full story click here.