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Lippert Completes Acquisition of Furrion

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LCI Industries completed the previously announced acquisition of Furrion Holdings Limited, a distributor of appliances and other products to OEMs and aftermarket customers in the RV, specialty vehicle, utility trailer, horse trailer, marine, transit bus and school bus industries.

“We are very excited to officially welcome Furrion to the Lippert family. To further facilitate successful integration of the Furrion team, we have made a number of key leadership appointments to position us for growth,” said Jason Lippert, president and CEO of Lippert. “First, we have named Andrew Mock as senior vice president of Furrion North America. Andrew has been with Lippert since 2014, and during that time, he has held many sales roles, most recently vice president of sales for Lippert’s RV OEM Business. Throughout Andrew’s time at Lippert, he has cultivated several key OEM relationships in the RV industry and was critical in growing Furrion sales during the time of our distribution relationship from 2015 through 2019. Andrew has a deep knowledge of the products and customers in the RV OEM space, and I am confident he will bring this expertise to drive future product development in the space.”

Lippert continued, “Darren Ho will remain the CEO of Furrion Asia. Darren will continue to oversee the development, sourcing and fulfillment of Furrion products, while supporting Lippert’s efforts to scale our business overseas and advance growth in our European and Australian markets. In addition to a great procurement and quality team, Darren has a strong team of industrial designers and engineers in Hong Kong who will support Furrion’s innovative product development, to stay on the cutting edge of aesthetics and functionality, which will be essential for the long-term success of the Furrion brand.”

Ryan Smith, group president of Lippert OEM North America, commented, “Steven ‘Stevie’ Bell will remain chief technology officer of Furrion North America and Asia to drive innovation and technology throughout the Furrion brand, while bridging the technological gap between Furrion and Lippert products. Stevie’s passion will help bring Furrion and Lippert products to the next level, as we invest our resources into R&D and engineering to expand the product pipeline for Furrion products in the coming years, and Stevie is the right person to champion this endeavor.”

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