# Lippert Components acquires PWR-ARM brand from Schwintek

Lippert Components Manufacturing, Inc., a subsidiary of LCI Industries, acquired the PWR-ARM brand and electric powered Bimini business assets of Schwintek, Inc., effective November 18, 2019. The terms were not disclosed.

- Type: Acquisition
- Announced: 2019-11-18
- Where: United States
- Status: completed
- Products: PWR-ARM automatic Bimini sunshade systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Lippert Components Manufacturing, Inc.](https://endata.com/companies/46491.md) (acquirer)
- [Schwintek, Inc.](https://endata.com/companies/46492.md) (target)

## Sources

- [cbinsights.com](https://www.cbinsights.com/company/pwr-arm), 2020-04-10: "LCI Industries today announced that its subsidiary, Lippert Components Manufacturing, Inc., has acquired the PWR-ARM brand and electric powered Bimini business assets of Schwintek, Inc., effective November 18, 2019."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
