The story
Allied Specialty Vehicles was formed in 2010 from the merger of four companies owned by American Industrial Partners: Collins Industries, E-ONE, Halcore Group, and Fleetwood Enterprises. Allied Specialty Vehicles changed its name to REV Group in November 2015 In January 2017, the company went public with ticker symbol REVG.
Acquisitions and divestitures
In September 2010, ASV acquired the assets of ambulance manufacturer Road Rescue from Spartan Motors. REV Group purchased SJC Industries from Thor Industries in May 2013. It is a manufacturer of ambulances under the brand names McCoy Miller and Marque. 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. In August 2013, ASV announced the purchase of Thor Industries' bus businesses, including the ElDorado Motor Corp., National Coach, Champion Bus, and Goshen Coach companies.
In April 2016, REV Group acquired fire truck manufacturer Kovatch Mobile Equipment Corp. Later that year, REV Group acquired Ferrara Fire Apparatus and Class C motorhome manufacturer Renegade RV. In April 2017, the company acquired sprinter van manufacturer Midwest Automotive Designs.
In January 2018, REV Group acquired California-based Lance Camper. Lance was founded in 1965 and manufactures truck campers and towable RVs. REV Group announced its acquisition of Spartan ER, a subsidiary of Spartan Motors, in February 2020. REV Group sold its shuttle bus brands Champion, Federal Coach, World Trans, Krystal Coach, ElDorado and Goshen Coach to Forest River in May 2020.
In January 2024, REV announced it would be exiting the bus manufacturing business. The company reached an agreement to sell its Collins school bus brand to Forest River for $303 million and later its ENC transit bus division to Rivaz Inc. in October for $52 million.
In July 2025, REV announced that it had sold Lance Camper Mfg. to Vision Kore Inc., effective Thursday, June 26, 2025.
In October 2025, REV announced its planned merger with Terex. The transaction was finalized in February of the following year.
In 2025, the firefighters' labour union, International Association of Fire Fighters requested the United States Department of Justice and Federal Trade Commission to probe the fire and emergency vehicle industry in the United States for anti-trust practices, where three companies: REV Group, Oshkosh Corporation, and Rosenbauer made up two-thirds of the market. 2026, various local administrations within United States such as Allentown in Pennsylvania, Los Angeles County and San Diego County in California, Portland in Oregon, and Huntsville, Alabama, had filed separate lawsuits against the company and other manufacturers alleging anti-trust and monopolistic behavior in the firetrucks market and leading to shortages and high prices. REV Group "cited demand, labor shortages and cost increases as driving price increases and delays".
From Wikipedia’s article on REV Group, shared under CC BY-SA 4.0.8