NEW Age Caravans and Walkinshaw Automotive are joining forces.
The new partnership brings together two companies known for cutting edge
design, innovation and manufacturing excellence.
Founded in 2009, New Age strongly denied rumours circulating at the
Victorian Caravan, Camping & Touring Supershow earlier this year that it
has been sold to the Walkinshaw Racing for $38 million.
"We are stable, strong and growing," national marketing manager Aleks
Mendez told Caravanning News in February.
New Age Caravans is recognised in Australia for moving away from
traditional caravan designs to creating and building high quality modern
caravans which, it says, are a benchmark in the industry.
The company says innovation, quality and high levels of customer service
have led to its significant growth in recent years, generating a "new age"
of caravan and camping lifestyle customers.
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Flashback: Caravanning News story
from March this year |
Walkinshaw Automotive is a recognised leader in the design, engineering,
development and marketing of niche automotive vehicles.
It has bought a stake in New Age Caravans, with the deal expected to be
completed this month.
The new partnership has evolved over 12 months of discussions.
New Age Caravans will continue to be led by Gabby Montagnese as managing
director and chair, and caravans will still be manufactured in Epping,
Victoria.
Founder and owner of New Age Caravans Ms Montagnese said: "Our partnership
with Walkinshaw strengthens our ability to grow and bring new and exciting
product lines to our customers.
"Walkinshaw's experience will help us accelerate our focus on growth and
innovation in caravans – including new materials, engineering and
processes."
Her company had looked at different structures to bring a partnership
approach to life.
"We decided that Walkinshaw taking a significant stake in New Age Caravans
made a lot of sense because of the position we have been able to establish
in the market, and the unique skills and capabilities they can bring to
the table," she said.
"Passion and creativity are at the heart of every caravan New Age builds –
just as it is for every vehicle Walkinshaw creates for our loyal customer
base."
Walkinshaw Automotive owner Ryan Walkinshaw said: "With our niche
automotive experience and a shared focus on research and development from
both companies, customers can expect to see some exciting innovations to
their caravan and camping lifestyle.
"We are great admirers of what Gabby has been able to achieve, and taking
a stake in New Age is a clear signal of our desire to build on what has
already been achieved, and a belief in our ability to assist in the next
phase of growth for New Age Caravans."