REV Group

REV Group
Public
Traded as NYSE: REVG
Russell 2000 Component
Industry Emergency and Recreational vehicle manufacturer
Predecessor Allied Specialty Vehicles
Founded 2010 (2010)
as Allied Specialty Vehicles
November 1, 2015 (2015-11-01)
as REV Group
Headquarters Milwaukee Center[1], Milwaukee, Wisconsin, USA
Key people
 Timothy Sullivan (CEO), Peter Guile (Former CEO)
Products Emergency services vehicles, buses, ambulances, special-purpose vehicles, recreational vehicles
Divisions Collins Industries
E-One
Fleetwood Enterprises
Goshen Coach
ElDorado Motor Corp.
Champion Bus
Goshen Coach
Website http://www.revgroup.com/

REV Group (formerly Allied Specialty Vehicles) is an American manufacturer of specialty vehicles the in Fire & Emergency, Recreational Vehicles, and Bus & Industrial sectors. It was formed in 2010 by American Industrial Partners' merging of four companies: Collins Industries (buses and ambulances), E-One (firetrucks), Halcore Group and Fleetwood Enterprises (RVs). The company has yearly revenue of over $1 billion. The company is led by Timothy Sullivan, CEO, formerly of Bucyrus International.[2] Allied Specialty Vehicles changed its name to REV Group on November 1st, 2015.

Acquisitions

ASV was formed in 2010 from the merger of four American Industrial Partners companies. Later in 2010, ASV acquired the Road Rescue company, a manufacturer of ambulances, from Spartan Motors.[3]

In 2013, three acquisitions were announced. SJC Industries was purchased in May 2013 from Thor Industries. It is a manufacturer of ambulances under the brand names McCoy and Miller and Marque.[4] A week later, it was announced that ASV was purchasing the RV assets of Navistar International, which include Monaco, Holiday Rambler, R-Vision and the Beaver and Safari brands.[5] In August 2013, ASV also announced the purchase of Thor Industries' bus businesses as well, including the ElDorado Motor Corp., National Coach, Champion Bus, and Goshen Coach companies.[6]

In late 2016, an initial public offering (IPO) was announced under symbol REVG.

In 2017, REV Group acquired Ferrara Fire Apparatus and Renegade RV. In January of 2018 they acquired Lance Camper. California-based Lance was founded in 1965 and manufactures truck campers and towable RVs.[7]

References

  1. ↑ REV Group HQ will be in the Milwaukee Center
  2. ↑ "ASV: Press Release" (PDF). 2014-11-08. Archived from the original (PDF) on 2014-09-03.
  3. ↑ "NEWS". Roadrescue.com. 2010-09-20. Archived from the original on 2013-07-25. Retrieved 2013-05-27.
  4. ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2015-05-01. Retrieved 2015-05-01.
  5. ↑ "Archived copy" (PDF). Archived from the original (PDF) on 2014-04-15. Retrieved 2013-05-17.
  6. ↑ "Archived copy". Archived from the original on 2015-01-09. Retrieved 2015-05-01.
  7. ↑ Dill, Molly (January 15, 2018). "REV Group acquires Lance Camper Adds California RV manufacturer to specialty vehicle lineup". Biz Times/Milwaukee Business News. Retrieved February 9, 2018.

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