REV Group International, Inc. Announces Completed Sale of REV Brazil

REV Group, Inc. (NYSE: REVG), a U.S. based manufacturer of industry-leading specialty vehicles, announced today that its subsidiary REV Group International, Inc. has completed the previously announced sale of REV Brazil to Aetreum Holdings effective August 2, 2021.

Metadata
Provider: 
Business Wire, Inc.Business Wire, Inc.
Retrieved on: 
Tuesday, August 3, 2021
Information
Tags: 
Automotive Manufacturing, Aftermarket, Automotive, Manufacturing, Other Automotive, General Automotive, Other Manufacturing, Recreational vehicles, Performance & Special Interest, Engineering, Fleet management, REV Group, Rev, Companies, Navistar International, Motor vehicles, Finance
Geotags: 
United States, South America, Brazil, Wisconsin
⚠ generated by AI ↴
Organisation: 
REV GROUP
Summary
Key Points: 
  • REV Group, Inc. (NYSE: REVG), a U.S. based manufacturer of industry-leading specialty vehicles, announced today that its subsidiary REV Group International, Inc. has completed the previously announced sale of REV Brazil to Aetreum Holdings effective August 2, 2021.
  • Following completion of the transaction, REV Group, Inc. and REV International, Inc. no longer hold manufacturing or other operations in Brazil.
  • REV Group (REVG) companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services.
  • REV Group trades on the NYSE under the symbol REVG.


REV Group, Inc. (NYSE: REVG), a U.S. based manufacturer of industry-leading specialty vehicles, announced today that its subsidiary REV Group International, Inc. has completed the previously announced sale of REV Brazil to Aetreum Holdings effective August 2, 2021. Financial terms were not disclosed. Following completion of the transaction, REV Group, Inc. and REV International, Inc. no longer hold manufacturing or other operations in Brazil.

About REV Group

REV Group (REVG) companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services. We serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. We provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers) and consumer leisure (recreational vehicles). Our diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of our brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG.

Copyright: 
Copyright Business Wire 2021