In a deal that is likely to reduce its own supply costs, supplier Thetford Corp. acquired Mishawaka, Ind.-based B&B Molders, a manufacturer of plastic injection-molded products that serves the RV industry, among other markets, the company said in a news release Friday (Oct. 29).
Based in Mishawaka, Ind., B&B supplies a variety of its products to the RV industry, including some to Thetford. B&B also supplies custom products to the defense and other industrial markets.
“This is a great addition to the Thetford family of RV companies,” said Kevin Phillips, president of Thetford Corp., The Americas. “B&B is widely known and well respected for its innovation, world-class quality and outstanding service.”
Terms of the sale were undisclosed.
B&B was founded in 1963 and was privately owned. Thetford purchased B&B from the Murphey family, who bought it from Harley Davidson in 1996. Phillips said that General Manager Brad Murphey will continue to run B&B.
“There will be no changes to the B&B organization,” Murphey said. “It’s business as usual. B&B will operate independently – with its same management team and as a separate business.”
“We’re pleased to align our company alongside Thetford, which is an RV industry leader,” he added. “We both become stronger together.”
“B&B Molders is a great fit for Thetford,” Phillips said, “and this acquisition is a very positive move for us. Thetford is a growing company that will continue to grow through innovative product development and the pursuit of potential acquisitions.”