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ELKHART, Ind. - LCI Industries (NYSE:LCII), a $2.06 billion market cap company with a solid financial health score according to InvestingPro, announced Monday that its subsidiary, Lippert Components Manufacturing, Inc., has acquired substantially all business assets of Leveltron, LLC, the provider of Bigfoot Hydraulic Systems.
Michigan-based Leveltron produces hydraulic leveling solutions and landing gear for motorhomes and utility and equine trailers. The company’s systems are also used in military and construction equipment applications.
Ryan Smith, LCI Industries’ Group President North America, said the acquisition adds unique solutions to Lippert’s existing lineup of leveling and stabilization products. "Bigfoot’s systems offer solutions in the RV and Utility Trailer markets that Lippert has not historically filled," Smith stated in a press release.
Lippert plans to expand Bigfoot’s aftermarket presence by making the leveling systems available through Lippert’s distribution and dealer networks. Installation services will continue at Leveltron’s White Pigeon, Michigan location, with plans to eventually expand installations to Lippert factory service locations nationwide.
The third-generation family business was led by Matt and Brandon Lehman along with Bob Slack prior to the acquisition. Financial terms of the transaction were not disclosed.
LCI Industries, through its Lippert subsidiary, supplies engineered components to the outdoor recreation and transportation markets. The company serves both original equipment manufacturers and aftermarket customers.
In other recent news, LCI Industries reported its second-quarter 2025 earnings, surpassing Wall Street expectations. The company achieved an earnings per share of $2.39, exceeding the forecasted $2.32, and reported revenue of $1.1 billion, above the anticipated $1.07 billion. BMO Capital raised its price target on LCI Industries to $85 from $80, while maintaining an Underperform rating, following the company’s better-than-expected second-quarter results. The performance was attributed to organic content growth and favorable pricing, which helped counterbalance some unfavorable mix and tariff challenges. Additionally, LCI Industries announced a regular quarterly cash dividend of $1.15 per share, payable on September 12, 2025, to stockholders of record as of August 29, 2025. These developments highlight the company’s recent financial achievements and strategic decisions.
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