secwatch.observer — SEC 8-K summary
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Issuer:     WINNEBAGO INDUSTRIES INC (WGO)
CIK:        0000107687
Form:       8-K
Filed at:   2021-07-20T23:59:59+00:00
Accession:  0000107687-21-000030
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Winnebago buys Barletta Boat for $255M plus earnout; expands marine into pontoon segment
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- Initial consideration $255M ($230M cash + $25M stock); earnout up to $50M cash + $15M stock.
- Barletta 2021E revenue ~$214.6M, EBITDA $26.4M; deal valued ~8.5x EBITDA including tax assets.
- Expected close early fiscal Q1 2022; Barletta to operate as distinct unit; Bill Fenech remains President.
- Acquisition accretive to cash EPS and EBITDA margins starting year one; new Marine segment includes Chris-Craft.
- Barletta ranked top-10 U.S. pontoon maker by share; 125 dealer locations across U.S. and Canada.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/107687/000010768721000030/0000107687-21-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/107687/000010768721000030/wgo-20210719.htm
  HTML page:      https://secwatch.observer/filing/0000107687-21-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer