NAPPANEE — Iowa-based Winnebago Industries Inc. has entered into an agreement to purchase Nappanee RV manufacturer Newmar Corp., the companies announced Monday. The purchase price is approximately $344 million.

“This is a very strategic acquisition for Winnebago, to strengthen our motorhome business, but also to strengthen the whole of our RV business as well,” Winnebago President/CEO Michael Happe said.

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