What does EBITA mean?
For over 40 years I have been a professional photographer and in that time worked for a number of companies mostly in the outdoor recreation market. In that time many of these companies have sold to other larger entities, actually everyone of them as I think about it, and not a single one of them still exist to this day except for one. Most of them did not last more than a year or two after merging with a larger corp.
Corporate America is littered with such mergers and acquisitions too. A close friend of mine, a retired corporate attorney, worked on cases like this and told me this is how and where many companies go to die. Not predicting this about Oliver, but worth considering assuming the long range goals are to sell the company.
For me given that I live 2000 miles from Hohenwald it will have little to no effect. Apparently one of their new service centers is Bretz RV and Marine in Missoula, MT. I’ve been there on several occasions but still a 3 hour drive, yet this is the first I have heard of them as being an exceptional RV dealer and service center. Bretz comes to Bozeman periodically to do dog and pony shows with their products, but not sure I would place them in the same sector with Oliver.
For those of you who are considering selling their Olivers on the used market my guess is your travel trailer just reduced its value overnight by at least a few grand and perhaps a lot more. Something to think about.