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Old 11-28-2006, 07:12 AM   #1
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I wonder what this will mean in the future and if we can still get factory support/repairs.

National buys Western

Anyone from the factory monitoring this group?

Thanks
Rick
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Old 11-28-2006, 07:48 AM   #2
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We heard last week - but that Bob was the founder of Country Coach and that it would mean more money to be poured into WRV to improve Customer Service. Guess only time will tell!
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Old 11-28-2006, 12:54 PM   #3
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RV Business now has a confirming article. As a Country Coach owner from an earlier time when Bob Lee owned and ran that company, I'm optimistic that this will be an outstanding outcome for both Bob and WRV. I'm also delighted to see that Ron and his senior team stay in place. Bob Lee's involvement will, in my opinion, further enhance Alpine's value, and be positive both for quality and customer support. In an industry that's likely to see its fair share of change in the next couple of years, this has to be about as good as it gets for Alpine owners...
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Old 11-28-2006, 01:17 PM   #4
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Apparently Bob Lee has resigned from National RV. Look at this http://www.pe.com/business/local/sto...3.2fa9f6b.html
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Old 11-28-2006, 01:47 PM   #5
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Quote:
Originally posted by luv2travel:
Apparently Bob Lee has resigned from National RV. Look at this http://www.pe.com/business/local/sto...3.2fa9f6b.html
Actually Bob Lee resigned from the BOD in August.
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Old 11-28-2006, 04:29 PM   #6
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We have suspected a sale since about the time of the Nashille Rally.
I'm sure that from a rally stand point our Rally Director has been on top of this since the rumors started. It would be in the best interest of the new owners to support our club as we owners buy many of the new coaches.

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Old 11-28-2006, 04:59 PM   #7
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I had also heard some rumors that something big was going to happen at WRV and it did. From individuals I have talked too in the RV business, believe that Bob Lee will be great for WRV and he is a big believer in Customer Service.

Lets all wish him the best of luck and give him our support.
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Old 11-28-2006, 06:20 PM   #8
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I'll throw my two cents in. I think it is good for WRV that it was purchased by an individual instead of a corporation. I was concerned that WRV would be swallowed up by a "Monaco corp" .

It looks all positive to me, for new and current owners! We look forward to positive changes.
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Old 11-28-2006, 06:57 PM   #9
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National RV did not buy Western RV. Also, Bob Lee did not buy Western RV. Western RV was bought by Monomoy Capital Partners. Bob Lee was brought in by Monomoy to be the new Chairman of the Board of Western RV, and he did invest in the deal. See these links:
Monomoy Capital Partners Agrees to Acquire Western Recreational Vehicles, Inc.
Western RV announces sale
Monomoy press release
Monomoy web site

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Old 11-28-2006, 07:54 PM   #10
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Ooops, there goes my two cents.
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Old 11-29-2006, 06:15 AM   #11
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Wow! FWIW IMHO etc. etc.

Given the range of potential investors, the induction of a "rescue investor" seems to indicate a desparate condition preceded the acquisition.

I hope Monomoy is in for the long haul. They're new and appear to be buying more than selling, at this time...

Attempting a rapid turn-around could compromise coach build/component quality, as management seeks the balance of the "increase sales/decrease expenses" equation.

Bringing in Bob Lee seems encouraging, especially if he charts the course of Country Coach, spending time and money to achieve brand recognition and coach quality with a low relative volume producer.

Monomoy's patience and appetite (along with Bob Lee's course and power of persuasion) will likely determine the outcome of these events.

Bob Lee's "parting shot" from National makes me wonder what the future holds for Country Coach...
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Old 11-29-2006, 06:50 AM   #12
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More news:
Yakima Herald-Republic: Western RV sold, will reopen

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Old 11-29-2006, 09:18 AM   #13
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With Bob Lee both investing and as Chairman, I am coutiously optimistic. What would be additionally comforting would be if Ron Doyle was still invested. That would put two guys, both of which enjoy the fun of making vertically integrated (build the whole thing from the pavement to the sky) motorhomes at the helm.
Not sure what the Monomoy guys bring to the table other than a big sweaty wad of money. Time will tell.
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Old 11-29-2006, 10:34 AM   #14
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Thanks for keeping the lastest press releases posted.

The most recent mentioned a few new things: Monomoy's statment about new management and Von Burg's statement about other RV acquisitions.

I wonder how much posturing for Country Coach is underway and what that "marriage" might produce.
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