REV Group, Inc. Acquires Renegade RV
Dec 30, 2016, 12:27 ET
MILWAUKEE, Dec. 30, 2016 /PRNewswire/ -- REV Group (REV), a $2.2 billion specialty vehicle manufacturer, today announced the acquisition of Renegade RV, a leading manufacturer of recreational vehicles, heavy-duty trailers, and specialty vehicles. Renegade RV will become part of REV Recreation Group, a subsidiary of REV Group, Inc. that manufactures Class A and Class C motorhomes under the American Coach, Monaco, Holiday Rambler, and Fleetwood RV brand names.
Founded in 1997 and headquartered in Bristol, Indiana, Renegade RV now employs approximately 175 people and occupies a 200,000-square-foot production facility. Renegade RV has built an extensive independent dealer network that will continue to promote and sell Renegade RV products nationwide.
Over the last twenty years, Renegade RV has become a leader in the RV industry with respect to performance, quality, and innovation. Mike Lanciotti, President of Renegade RV, commented, "Our team at Renegade is results-driven. We take a lot of pride in the products we build and always make it a priority to provide our customers with the top-notch quality and customer service they deserve. I am confident that our alignment with REV Recreation Group will provide us with the financial, engineering, and manufacturing resources we need to embark on the next phase of growth for our company."
"We are excited to welcome Mike and his outstanding team at Renegade, into the REV RV family," added Jim Jacobs, President of REV Recreation Group. "Product quality and craftsmanship are critical factors in the decision-making process for prospective RV buyers. Renegade RV's attention to detail in the production of vehicles is second to none. I truly believe Renegade RV now has all of the pieces in place to become a preeminent brand in multiple motorized RV segments."
Renegade RV's manufacturing operations will remain in Bristol, IN., and all of its employees will continue to be integral to day-to-day operations and future growth plans.
"We are extremely excited to have Renegade RV join our team at REV Group, and I look forward to welcoming their talented group of employees," stated Tim Sullivan, CEO of REV Group, Inc. "Renegade RV brings a tremendous reputation and a world-class product portfolio that is highly complementary to our line of great American-made motorhomes. We believe Renegade will quickly contribute strategic value to REV's mission of better serving customer and dealer needs throughout the country."
ABOUT REV GROUP
REV Group, Inc., is a $2+ billion manufacturer of industry-leading motor vehicle brands. Products include ambulances, fire trucks, shuttle buses, transit buses, yard trucks, street sweepers, luxury motorhomes and wheelchair accessible vehicles. REV owns 26 brands, employs more than 6,000 people in 16 different manufacturing facilities in the U.S., and produces more than 20,000 specialty vehicles annually. REV Group recently moved its corporate headquarters from Orlando, Fla., to Milwaukee, Wisc. For more information, about REV, visit revgroup.com.
For more information
Renato Sa - Corporate Marketing
(786) 279 7016
[email protected]
SOURCE REV Group, Inc.