2020 was a record year for the RV sector. In the first full calendar year since the takeover of the Erwin Hymer Group by THOR Industries exactly two years ago, sales of recreational vehicles in Europe reached their highest ever levels. The growth has been led in large part by camper vans. While sales records in Germany in particular are showing no signs of stalling, projects for integrating into THOR Industries are taking longer to get off the ground than originally envisaged due to the pandemic.

Although the first full calendar year as part of THOR Industries proved a record year for the Erwin Hymer Group, the pandemic has slowed down the process of integration. This was further compounded by a highly successful year for the RV sector in the USA, too. THOR Industries CEO Bob Martin: “The entire capacity of our companies was taken up by handling lockdown and maintaining supply chains, meaning larger joint projects were postponed because of the COVID-19 pandemic.” Furthermore, travel between the USA and Germany has been all but impossible since March 2020. Processes necessary for certain parts of the listed company were, however, prioritized. As a consequence, EHG has changed over its internal controlling to SOX1 Compliance.