Airxcel Signs Definitive Agreement to Acquire Cleer VisionMarch 8th, 2021 by Editor
Airxcel Inc., a designer, manufacturer and distributor of products for the recreational vehicle (RV) and specialty HVAC markets, has signed a definitive agreement to acquire Cleer Vision Windows Inc, an RV and specialty equipment window manufacturer. The transaction is expected to close within 45 days.
Airxcel is a partner to several RV OEMs, suppliers and consumers. For over 30 years, the Airxcel RV Group has served as the steward of many brands in the RV space, according to the company.
“Our team is excited to join such an industry powerhouse. This acquisition allows us to accelerate innovation and growth within the markets we serve. Airxcel has a great track record for growth and adding value to customers throughout the RV channel,” says Rick Collins, Cleer Vision president and founder. “Their leadership and the company’s position within the RV industry are second to none and we welcome the opportunity to grow with them. We are thrilled to continue our capacity and product offering expansions across our various window and glass markets.”
Based in Elkhart, Ind., Cleer Vision Windows Inc. is a supplier to the RV, transit bus and specialty vehicle industries. The merging of Cleer Vision’s processes, values and team members into Airxcel’s brand portfolio aligns closely with Airxcel’s own focus on committed partnerships, unparalleled service and product expertise, according to the company.
“We’re excited to welcome Cleer Vision to the Airxcel family of market-leading brands,” says Jeff Rutherford, Airxcel president and CEO. “Airxcel is committed to the RV industry and we look forward to supporting Cleer Vision’s growth initiatives and product innovations. Cleer Vision is a key supplier, and this acquisition further entrenches Airxcel into the RV industry.”
“We are always refining our efforts, and only when it’s right, do we diversify our portfolio to either elevate, complement, or fill a critical gap in the RV space,” adds Rutherford. “Airxcel will continue to grow and thrive within the industries we serve so long as we stay true to our mission to provide superior customer service, strong and supportive partnership, and a constant pursuit of unmatched product expertise.”
The Cleer Vision brand and management structure will remain intact following the acquisition.
“We value and preserve each of our brand’s unique identities and Cleer Vision is a terrific brand with a strong presence,” says Kevin Phillips, Airxcel RV Group president. “We will build upon their strengths and leverage Airxcel’s operational expertise in support of their growth, as we do across all our brands.”